5.6% Unemployment Is A Big Lie

5.6% Unemployment Is A Big Lie

Jim Clifton

The official unemployment rate, as reported by the U.S. Department of Labor, is extremely misleading.

Right now, we're hearing much celebrating from the media, the White House and Wall Street about how unemployment is "down" to 5.6%. The cheerleading for this number is deafening. The media loves a comeback story, the White House wants to score political points and Wall Street would like you to stay in the market.

None of them will tell you this: 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.


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.

Right now, the U.S. is delivering at a staggeringly low rate of 44%, which is the number of full-time jobs as a percent of the adult population, 18 years and older. We need that to be 50% and a bare minimum of 10 million new, good jobs to replenish America's middle class.

 I hear all the time that "unemployment is greatly reduced, but the people aren't feeling it."

Americans aren't "feeling" something that doesn't remotely reflect the reality in their lives.

 Jim Clifton is Chairman and CEO at Gallup.
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(What you hear, read and see via the "state run media" is a BIG LIE! Jim Clifton, chairman and CEO of the Gallup poll company wants you to know the truth.

The obama regime lies about the employment rate and the "state run media" backups him up by just reporting the BIG LIE about unemploument!) Story Reports

A new level of archery

The ultimate archery trick. Proving that Hollywood archery is not historical.
  
Lars Andersen

 THE ULTIMATE TRICK TOOK 14 TAKES

At first, I didn't think it was possible. You don't have time to aim or think, but can only do it if your reactions are completely instinctive. First of all, you need to be convinced that you WILL hit it, so you can “feel” the incoming arrow and fire at it instead of just flinching away.

I was also in doubt whether it was smart to show this, because I don't want anyone to get hurt trying to copy the trick. I trained for years with soft boffer arrows and spent a LONG time before I tried it even the first time. And the arrow fired at me was not fired with a very powerful bow, though it was definitely dangerous enough!

It was a light bamboo arrow with a metal tip, and the arrow I shot back was a heavier aluminum arrow. That the arrow split was just pure luck, and I'm not certain I could repeat it without first training for a long time. I believe it split because it hit just behind the head and made the shafts fluctuate against each other, causing the bamboo shaft to split lengthwise.

I hope to try it again using a proper high-speed camera!
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(I'm impressed. The original (old) way of shooting the bow was much more accurate and fast. It doesn't matter if the target is static or moving. As Lars said it takes much practice.)

Please visit my new web site that has nothing to do with archery:  (SR)

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