Where the Jobs AREN’T… Real Unemployment at 11.6%
Mandeville, LA - Exclusive Transcript - So anything under 90,000 new jobs added is anemic, is a recession. So the real unemployment rate now is 11.6 percent based on the 5.4 million additional workers that should be counted as the U-3, that’s the unemployment rate 3, which then means that the real number of unemployed is not 12.5 million but 17.9 million, which in turn implies an 11.6 percent unemployment […]