In my search for information on the unemployment numbers I came across this article written by Michael Snyder on infowars.com where he said to the Obama administration, the unemployment rate in the United States has been slowly coming down over the past couple of years. But is that actually true? When you take a closer look at the data you quickly realize that the real unemployment numbers are much worse than we are being told.
For example, if the labor force participation rate was the same today as it was back when Barack Obama first took office, the unemployment rate in the United States would be a whopping 11.2 percent. But every month the Obama administration has been able to show “progress” because of the fiction that hundreds of thousands of Americans are “disappearing” from the labor force each month. Frankly, the way that they come up with these numbers is an insult to our intelligence. Personally, I much prefer the employment-population ratio. It is a measure of the percentage of working age Americans that actually have jobs.
So how in the world can Barack Obama claim that we are better off now?
In August 2010, 58.5 percent of working age Americans had jobs.
In August 2012, 58.3 percent of working age Americans had jobs.
So where is the recovery?
It is two years later and a smaller percentage of Americans are employed.
It is very frustrating to me that we are not being told the truth about the unemployment numbers. The following are some more indications that the real unemployment numbers are much worse than we are being told….
So why the "cooking of the numbers" by the Obama adminiatration? Or is this just another attempt by the right to try and discredit an otherwise successful Obama adminiatration? Do the numbers lie?