Watch the left-wingers leap all over this because it's a Breitbart site story. Nothing about the facts reported or the truth. Truth? I don't want no damn truth! We hear it all the time. But, for your own information, read the story @ http://www.breitbart.com/Big-Government/2014/07/29/Real-Unemployment-Rate-Is-at-Least-18-Percent
Domestic workers being replaced by foreign workers... Record 92,269,000 Not in Labor Force; Participation Rate Matches 36-Year Low September 5, 2014 -- A record 92,269,000 Americans 16 and older did not participate in the labor force in August, as the labor force participation rate matched a 36-year low of 62.8 percent, according to the Bureau of Labor Statistics. See also: 24,639,000: Record Number of Foreign-Born Hold Jobs in U.S. September 5, 2014 -- The number of foreign-born individuals holding jobs in the United States hit a recorded high of 24,639,000 in August, according to data from the Bureau of Labor Statistics (BLS). The BLS has been tracking the number of foreign-born workers annually since 2005 and monthly since 2007.
people just dont understand how they are being lied to about unemployment numbers and inflation rates...dont you notice how less far your money is going now comapred to 5 years ago?...do you really think food hasnt gone up at all?...they juts dont care..or are too stupid to understand it more like it
Silly! What Breibart is talking about is the U6 employment rate. . .which is NOT 18%, but was down to 12% in August 2014 (the lowest since BEFORE President Obama was elected!). The 6.1% relates to U3, which does NOT include "partially attached workers" or other underemployed workers. It seems that Breitbart is counting on some of his readers being too dumb to understand the differences! By the way "foreign born workers" also include people who have been naturalized US Citizens most of their life. . . .Like several of our senators and congressmen!
18%? It is actually between 25-30%, and underemployment is about 60%. Roughly only 40% of Americans are full-time employees. About half are foreign, and God knows if they're actually legal. That said, I would like to say that seasonal work drops unemployment to about 15% (namely for the holiday months Oct-Jan). Summer jobs (like cannery work) to some degree, but not as much.
And the latest statistics are even worse with far fewer newly employed than ever. 166,000 more jobs for the millions of unemployed?