Real Unemployment Figures Double Those Reported By Labor Department

The national media frenzy about the U.S. unemployment rate shooting up to 7.6% doesnt even do justice to the actual unemployment figure, which in reality stands at around 15 per cent, just 9 per cent shy of the unemployment total at the very height of the great depression.

Current methods of tallying unemployment figures do not even take into account workers who have stopped looking for work. If a worker becomes discouraged after being unable to find a job and stops looking, they disappear from the official record.

7.6% is actually over 15% - just 9% shy of figure at height of great depression

Actual unemployment figures are therefore 5 to 10 per cent higher than publicly stated by the Labor Department, meaning the real unemployment figures stands at roughly 15 per cent.

During the great depression, where unemployment figures were more accurately inclusive of the true unemployment rate, the figure for the years 1923-29 was 3.3 percent before accelerating to to 15.9 per cent in 1931 and peaking at 24.9 percent in 1933.

http://www.prisonplanet.com/real-unemployment-figures-double-those-reported-b...

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• martial law
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• obama
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[kaldemvor]

From what I see, it looks like the actual figure is more like 20%.