real unemployment

The Economy Is Fine – Debt, Deficit and Unemployment Don’t Matter

Mandeville, LA - Exclusive Transcript - Wait a minute, the last quarter of the year is supposed to be the best, isn’t it? It’s when everybody shells out all their dough on Christmas gifts. This is when everyone who is unemployed and seeking part-time employment can actually find it, isn’t it? All the things that are supposed to happen in the last quarter of the year are supposed to make […]

January 31, 2013 14

Transcripts

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 […]

May 7, 2012 11