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The Employment Rate In The United States Is Lower Than It Was During The last Recession

The Employment Rate In The United States Is Lower Than It Was During The last Recession

Did you know that a smaller percentage of Americans are working today than when the last recession supposedly ended? But you won't hear about this on the mainstream news. Instead, the mainstream media obsesses over the highly politicized and highly manipulated "unemployment rate". The media is buzzing about how "163,000 new jobs" were added in July but the unemployment rate went up to "8.254%". Sadly, those numbers are quite misleading. According to the Bureau of Labor Statistics, in June 142,415,000 people had jobs in the United States. In July, that number declined to 142,220,000. That means that 195,000 fewer Americans were working in July than in June. But somehow that works out to "163,000 new jobs" in July. I am not exactly sure how they get that math to add up. Perhaps someone out there can explain it to me. Personally, I find that the "employment rate" gives a much clearer picture of what is actually going on in the economy. The employment to population ratio is a measure of the percentage of working age Americans that actually have jobs. When it goes up that is good. When it goes down, that is bad. In July, the employment to population ratio dropped from 58.6 percent to 58.4 percent. Overall, the percentage of working age Americans that have jobs has now been under 59 percent for 35 months in a row.

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http://theeconomiccollapseblog.com/archives/the-employment-r...

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Im going to make a guess on thier math

Just like a cop can say whatever he wants to get an admission, they are allowed to lie to you all the want and get away with it.

They pulled the number out of thier ass, its like Obama in 2008 -> 2009 he said there was 100,000 new jobs, failed to mention the 130,000 that entered the work force that year by turning 16,17,18.