The Unemployment Figure Scam

Here is a scam that will never be fully revealed because the media will continue to hide it from the public.

Raw government-announced unemployment figures are misleading. They must be carefully interpreted. They never fully are by the media, often for politically-slanted purposes.

Examples: Unemployment numbers don’t tell you how long the unemployed have been out of work. Or how many are not working full days or have permanent jobs. Nor how many have given up looking for work. Those out of work a long time may not even be looking for employment, and are not being counted as unemployed,

Moreover, the time of year reported is a factor. And weather conditions may have much to do with short-term implications of job statistics.

If the true number of those unemployed were counted today, the unemployed figure would be closer to 17% than the reported figure under 9%. ( See the Earl J Weinreb NewsHole® comments.)