peaceandlove
04-07-2009, 02:34 AM
America's 20% UNEMPLOYMENT 'Rate' 4/6/2009
By Carlton Meyer
Measuring unemployment is an art that can result in widely varied rates. Not surprisingly, the U.S. Government uses a method that excludes millions of Americans seeking employment. This lower rate is used to prove that America’s economic system is superior to those in Europe. Their higher unemployment rates are blamed on unions and socialism, which guarantee workers health care and paid vacations. The implication is that while many American workers lack such benefits, at least they have jobs. This argument is faulty since unemployment is measured differently.
In the USA, 35% of healthy Americans ages 16-64 are unemployed, but what does that word mean? Millions of women are unemployed as they choose to stay home to raise families. Nevertheless, 25% of healthy American men ages 16-64 are unemployed, yet the U.S. Government reports an unemployment rate of just 8.1%.[1]
Continues: http://www.sandersresearch.com/index.php?option=com_content&task=view&id=1403
Article sourced at: http://solari.com/blog/ Catherine Austin Fitts' Blog
It's a Depression
Friday 03 April 2009
by: Robert Reich
The March employment numbers, out this morning, are bleak: 8.5 percent of Americans officially unemployed, 663,000 more jobs lost. But if you include people who are out of work and have given up trying to find a job, the real unemployment rate is 9 percent. And if you include people working part time who'd rather be working full time, it's now up to 15.6 percent. One in every six workers in America is now either unemployed or underemployed.
Article continues: http://www.truthout.org/040409C
Article sourced at: http://solari.com/blog/ Catherine Austin Fitts' Blog
Contrary to MSM news:
2 Million Jobs Lost so Far in '09
Unemployment rate spikes to 8.5%, a 25-year high, as 663,000 jobs lost in March. 5.1 million jobs have now been lost since the beginning of 2008.
By Chris Isidore, CNNMoney.com senior writer
Last Updated: April 3, 2009: 6:35 PM E
NEW YORK (CNNMoney.com) -- Job losses continued to mount in March and unemployment hit a 25-year high, according to the government's latest reading on the battered labor market Friday.
Article continues: http://money.cnn.com/2009/04/03/news/economy/jobs_march/index.htm
Article sourced at: http://solari.com/blog/ Catherine Austin Fitts' Blog
By Carlton Meyer
Measuring unemployment is an art that can result in widely varied rates. Not surprisingly, the U.S. Government uses a method that excludes millions of Americans seeking employment. This lower rate is used to prove that America’s economic system is superior to those in Europe. Their higher unemployment rates are blamed on unions and socialism, which guarantee workers health care and paid vacations. The implication is that while many American workers lack such benefits, at least they have jobs. This argument is faulty since unemployment is measured differently.
In the USA, 35% of healthy Americans ages 16-64 are unemployed, but what does that word mean? Millions of women are unemployed as they choose to stay home to raise families. Nevertheless, 25% of healthy American men ages 16-64 are unemployed, yet the U.S. Government reports an unemployment rate of just 8.1%.[1]
Continues: http://www.sandersresearch.com/index.php?option=com_content&task=view&id=1403
Article sourced at: http://solari.com/blog/ Catherine Austin Fitts' Blog
It's a Depression
Friday 03 April 2009
by: Robert Reich
The March employment numbers, out this morning, are bleak: 8.5 percent of Americans officially unemployed, 663,000 more jobs lost. But if you include people who are out of work and have given up trying to find a job, the real unemployment rate is 9 percent. And if you include people working part time who'd rather be working full time, it's now up to 15.6 percent. One in every six workers in America is now either unemployed or underemployed.
Article continues: http://www.truthout.org/040409C
Article sourced at: http://solari.com/blog/ Catherine Austin Fitts' Blog
Contrary to MSM news:
2 Million Jobs Lost so Far in '09
Unemployment rate spikes to 8.5%, a 25-year high, as 663,000 jobs lost in March. 5.1 million jobs have now been lost since the beginning of 2008.
By Chris Isidore, CNNMoney.com senior writer
Last Updated: April 3, 2009: 6:35 PM E
NEW YORK (CNNMoney.com) -- Job losses continued to mount in March and unemployment hit a 25-year high, according to the government's latest reading on the battered labor market Friday.
Article continues: http://money.cnn.com/2009/04/03/news/economy/jobs_march/index.htm
Article sourced at: http://solari.com/blog/ Catherine Austin Fitts' Blog