Sunday
Jan022011
Make lemonaid.
Sunday, January 2, 2011 at 7:06AM I’m not sure why this has not been viewed more… but it should be seen. This morning on the CBS Sunday morning show they stated a statistic of “15,000,000 unemployed”. How can that be? A country of more than 300,000,000 with 9.8% unemployment rate (which is GROTESQUELY and arguably, CRIMINALLY reported inaccurately, SHOULD have a 30,000,000 unemployment rate.
Shame on you CBS for soft selling that problem.
Go ahead, prove me wrong.
Reader Comments (3)
Unemployment is based on calculated based on measuring the percentage of the LABOR force that is unemployed, not the WHOLE country's population. You should know better.
The unployment number is indeed very inaccurate. It has to be much higher than it's reported. The number is derived in part from a statistical sampling (note: sampling - not ALL) of corporations polled monthly (I'm one of those companies). It's also based on state unemployment claims filed (sadly doesn't count those who continue to be unemployed but receive no unemployment benefits). So unemployment can appear to be improving when in reality it is not. Know what's incredulous? I can still be counted as employed though my corporation may not have done any business or have any income. This was the case back in the fall of 2009 when my residence was flooded in the Atlanta flood and my business did no business for almost two months as we rebuilt. Yet the government figures counted me as employed. I asked the department of labor employee who dutifully calls me each month. She said I had to be counted employed unless I dissolved the corporation. Had nothing to do with income! Huh?
Kids can't be employed. 80 year olds typically aren't either.