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Federal government admits unemployment is several times higher than the official number


Obama say unemployment is way down. In fact he says it is only 6.7%. One reason he can make this claim is because the Federal government continuously changes the official definition of “unemployed.” The official figure given out by the White House no longer has anything in common with the original Federal unemployment rates issued in the 1950s.

To show you what a joke the Federal unemployment rate, check out this data released by the same Federal government.

From CNSNews.com…

In 20 percent of American families in 2013, according to new data released by the Bureau of Labor Statistics (BLS), not one member of the family worked.

A family, as defined by the BLS, is a group of two or more people who live together and who are related by birth, adoption or marriage. In 2013, there were 80,445,000 families in the United States and in 16,127,000—or 20 percent–no one had a job.

The BLS designates a person as “employed” if “during the survey reference week” they “(a) did any work at all as paid employees; (b) worked in their own business, profession, or on their own farm; (c) or worked 15 hours or more as unpaid workers in an enterprise operated by a member of the family.”

Members of the 16,127,000 families in which no one held jobs could have been either unemployed or not in the labor force. BLS designates a person as unemployed if they did not have a job but were actively seeking one. BLS designates someone as not in the labor force if they did not have a job and were not actively seeking one. (An elderly couple, in which both the husband and wife are retired, would count as a family in which no one held a job.)

Unemployment can’t be 6.7% if 20% of all families didn’t have a single employed person! Unemployment must be equal to or greater than 20%.

What we have is millions of people who are not only unemployed, they like it that way. They have consciously decided that collecting lavish welfare benefits is more desirable than working.