Real Unemployment Shows US Economy Short 20 Million Jobs

by **Jobless_in_Ma** Fri Apr 01, 2011 5:44 pm

Every month, media business executive and former Obama for President finance committee member Leo Hindery puts out a very detailed memo breaking out the national unemployment data -- showing what is real and what is not regarding the Bureau of Labor Statistics' monthly release of jobs data.

One of the chief data abuses that Hindery has focused an enormous, hot, raging spotlight on is the giant gap between official unemployment (now pegged at 8.8% of the population) and "real unemployment" which Hindery documents at 17.7% of the population.

http://www.huffingtonpost.com/steve-clemons/real-unemployment-shows-u_b_843783.html

by delko Fri Apr 01, 2011 6:49 pm

The official unemployment stats are nothing but 'smoke and mirrors'....and utilized by the Administration to 'shine the turd'.

by exhaustedandtired/1208 Fri Apr 01, 2011 9:19 pm

Jobless_in_Ma wrote:
Every month, media business executive and former Obama for President finance committee member Leo Hindery puts out a very detailed memo breaking out the national unemployment data -- showing what is real and what is not regarding the Bureau of Labor Statistics' monthly release of jobs data.

One of the chief data abuses that Hindery has focused an enormous, hot, raging spotlight on is the giant gap between official unemployment (now pegged at 8.8% of the population) and "real unemployment" which Hindery documents at 17.7% of the population.

http://www.huffingtonpost.com/steve-clemons/real-unemployment-shows-u_b_843783.html

unfortunately the right/wrong one's are not even paying attention to this facts! meaning all the politicians...