http://news.yahoo.com/s/nm/20100223/us_nm/us_usa_economy_jobs_poll;_ylt=Ap2dyh6fE3F9iRlzd7qz.Jys0NUE;_ylu=X3oDMTNzNmhtYzhkBGFzc2V0A25tLzIwMTAwMjIzL3VzX3VzYV9lY29ub215X2pvYnNfcG9sbARjY29kZQNtb3N0cG9wdWxhcgRjcG9zAzYEcG9zAzMEcHQDaG9tZV9jb2tlBHNlYwN5bl9oZWFkbGluZV9saXN0BHNsawNuZWFybHkyMHBlcmM-
Nearly 20 percent of U.S. workers underemployed
The government gleefully lied to the public about the drop of the unemployment rate to 9.7%.
The government is able to lie like this, because they have carefully defined unemployment to exclude people who have been unemployed for so long they have run out of unemployment benefits and have given up looking for jobs.
The government is also excluding people who are underemployed. These are people who are so interested in working, that they are willing to work at jobs that pay less than welfare and other benefit programs that cater to the homeless and unemployable.
So when you factor in all the people that the government statistics exclude, you actually have a closer to 30% unemployment rate.
Yup. Seems like an economic recovery to me.
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