This is what full employment looks like.
When I was
born, President Truman was President, then we had Eisenhower, Kennedy, Johnson,
Nixon, Ford, Carter, Reagan, Bush 44, Clinton, Bush 46, and Obama. First, they have two things in common; they had at
least one term as President. Second, they used unemployment figures to lie about who
was employed and how many had permanent jobs.
In the late
1960s, it seemed like everyone who wanted a good job had a good job. In the
small towns around Pittsburgh, the streets and shops where so crowded that people
had trouble walking. In the 1970s, they started shutting down the mills and
good jobs went away. I was walking down the street in Pittsburgh one day in the
early 1980s and noticed a man behind the bushes. He was the first homeless
person that I ever saw. I thought homelessness was a thing of the past. Through
the 1980s to the present, I saw this homeless
population grow while the unemployment rate fell.
Now the unemployment
rate is below 6%. However, I see the
homeless. I see the underemployed and I see record numbers of people going to
food banks to eat. This is why we see
more and more people distrusting the political people working for the
government. Click on the picture or on the link below. They are different but give the same message.
The
US unemployment official figure, a big bold lie
Published
on October 3, 2014
There is an actual distortion of the real conditions
involving employment in the US. In many cases, they do not count people who are
underemployed. Besides, unemployed means those who are actively seeking work.
Unemployment figures released by the US government are constantly underplayed and next month, they're constantly revised upwards. The official figures are as credible as the WMDs in Iraq. They're clearly wrong.
As the Obama administration raves about creating jobs and reducing the unemployment rate, the unreported truth is that Employment-to-population ratio is now lower than during the worst of the 2007-09 recession.
For all the positivity about the April jobs report-the U.S. job market remains dismal. According to the Bureau of Labor Statistics: Just 58.6 percent of American civilians aged 16 and up had jobs in April. That's a lower employment-to-population ratio than during the worst of the 2007-09 recession.
Even though the jobless rate has fallen, millions of people aren't counted as unemployed because they've stopped looking for work, or never started. The situation is far worse for African Americans, Latinos, and other minorities.
Unemployment figures released by the US government are constantly underplayed and next month, they're constantly revised upwards. The official figures are as credible as the WMDs in Iraq. They're clearly wrong.
As the Obama administration raves about creating jobs and reducing the unemployment rate, the unreported truth is that Employment-to-population ratio is now lower than during the worst of the 2007-09 recession.
For all the positivity about the April jobs report-the U.S. job market remains dismal. According to the Bureau of Labor Statistics: Just 58.6 percent of American civilians aged 16 and up had jobs in April. That's a lower employment-to-population ratio than during the worst of the 2007-09 recession.
Even though the jobless rate has fallen, millions of people aren't counted as unemployed because they've stopped looking for work, or never started. The situation is far worse for African Americans, Latinos, and other minorities.
You always make things very plain. People don't want to hear the truth, keep telling it the way it is
ReplyDeleteYou always make things very plain. People don't want to hear the truth, keep telling it the way it is
ReplyDelete