And The "Real" Unemployment Rate Explodes To 16.2%

[Karmadillo]

http://www.businessinsider.com/and-the-so-called-real-unemployment-rate-explodes-to-162-2011-7

And The "Real" Unemployment Rate Explodes To 16.2%
Joe Weisenthal|Jul. 8, 2011, 8:47 AM

Another thing about this horrible jobs report:

In addition to the increase in unemployment (from 9.1% gto 9.2%), the alternative measure that includes "discouraged" workers jumped from 15.8% to 16.2%.

Remember, this includes part-timers, and other marginally attached, unedermployed workers.

more...

[shraby]

1. How can it help but jump in numbers with the republican

governors doing all they can to rid themselves of state workers? The numbers can only go one way with that kind of help...up.

[Liberal_Stalwart71]

2. Too many people falling into Republican trap of blaming Obama/The Democrats

when it's always the Republicans who give tax breaks to the wealthy, then turn around and preach austerity for the rest of us. Those layoffs ocurring at the state/local levels are being done on purpose. The unemployment rate goes up. They then turn around and blame Obama/The Democrats.

DU does the same. Why is that??!?!?!

[Name removed]

4. Deleted message

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[Fearless]

9. Because we gave tax breaks to the wealthy too.

Because we gave in time and time again. And it's time to stand up to our politicians who think compromising our future away is a good idea.

[amborin]

3. kr

[locahungaria]

5. I am no longer even marginally attached......

I gave up looking (in disgust) a little over a year ago, so I guess that I'm officially out of the labor force, and I'm sure I'm not the only one out there in this situation.

I'm 49; what's the point in continuing to bash my head against a brick wall? :shrug:

Anyhow, thanks for posting the info, Karmadillo.

[WillyT]

6. K & R !!!

:kick:

[OhioChick]

7. K&R n/t

[girl gone mad]

8. k & r