Paul Soloman on PBS NewsHour makes the case early and often that the official unemployment numbers are not accurate; it’s much worse than being reported.  How much worse?  Try 12%. 

 

The officially counted unemployed like urban youth, which is at 35%;

The Discouraged Worker who is becoming deskilled;

The increase in those on full time disability;

The rise of the prison population, 2/3 of which were unemployed at incarceration.

 

Non Working Numbers @ http://www.pbs.org/newshour/bb/economy/july-dec03/unemployment_07-29.html

 

Please congratulate me on not launching into a Bush2-failed economic policy-class warfare politics diatribe.

 

KWC

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