Gallup CEO: Number Of Full-Time Jobs As Percent Of Population Is Lowest It’s Ever Been

 

 

Real Unemployment US

What is U6 unemployment rate ?
” The U6 unemployment rate counts not only people without work seeking full-time employment (the more familiar U-3 rate), but also counts “marginally attached workers and those working part-time for economic reasons.” Note that some of these part-time workers counted as employed by U-3 could be working as little as an hour a week. And the “marginally attached workers” include those who have gotten discouraged and stopped looking, but still want to work. The age considered for this calculation is 16 years and over”

 

” Clifton went on America’s Newsroom today to explain the misleading government numbers.

“ The number of full-time jobs, and that’s what everybody wants, as a percent of the total population, is the lowest it’s ever been… The other thing that is very misleading about that number is the more people that drop out, the better the number gets. In the recession we lost 13 million jobs. Only 3 million have come back.You don’t see that in that number. “ “

 

 

 

 

 

 

 

Thanks to Jim Hoft at Gateway Pundit

 

 

 

 

 

 

 

 

 

 

 

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