WHO’S RIGHT?

LongTermUnemployedWantWork

Obama has an economic track record that Republicans are going to be hard pressed to ignore.   Unemployment is down to 5.6%, the economy continues to grow at a healthy pace and deficits have plummeted.

Eugene Robinson, syndicated columnist, Lansing State Journal, 2/5/15

____________________________

If you, a family member or anyone is unemployed and has subsequently given up on finding a job, if you are so hopelessly out of work that you’ve stopped looking over the past four weeks, the Department of Labor doesn’t count you as unemployed.   That’s right.   While you are as unemployed as one can possibly be, and tragically may never find work again, you are not counted in the figure we see relentlessly in the news — currently 5.6%.   Right now, as many as 30 million Americans are either out of work or severely underemployed.   Trust me, the vast majority of them aren’t throwing parties to toast “falling” unemployment.

There’s another reason why the official rate is misleading.   Say you’re an out-of-work engineer or healthcare worker or construction worker or retail manager:   If you perform a minimum of one hour of work in a week and are paid at least $20 – maybe someone pays you to mow their lawn — you’re not officially counted as unemployed in the much-reported 5.6%.   Few Americans know this.

Yet another figure of importance that doesn’t get much press:   those working part time but wanting full-time work.   If you have a degree in chemistry or math and are working 10 hours part time because it is all you can find — in other words, you are severely underemployed — the government doesn’t count you in the 5.6%. Few Americans know this, either.

There’s no other way to say this.   The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.

                                                                 Jim Clifton, CEO, Gallup

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3 thoughts on “WHO’S RIGHT?”

  1. I totally agree. Why doesn’t America push for total truth & disclosure? We should be demanding to know what percentage of American adults ARE working. They get our taxes – what % of the 18-and-up public files taxes – how many are working – how has that number changed over the years? This can be a really simple assessment. Maybe Tie it to the Census. The IRS has no trouble finding out many other things about our money. This should be a simple report from their computer database.

  2. The true unemployment statistic is > 30%. But the “low information voters” see 5.6% and are happy.

    Next, if Obamacare is allowed to be fully implemented as planned, every business in the US will be required to provide health insurance for employees. Yes, even ones under 50 employees, like mine. That is the ultimate goal of this Obaminable legislation. So my employees who do work that is barely worth $12/hr (but I pay that b/c it’s hard to find reliable/honest people) will now be paid $16-18/hr for a job that’s not even worth $12/hr. So the end result will be that we will be a nation of severely underemployed people b/c most positions like this will be turned into part-time positions. We will have a nation of part-time employees. The big companies all already starting to do this.

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