“Record 95,102,000 Americans Not In Labor Force; Unemployment Rate More Like 30%”

Image: http://www.activistpost.com

Any ‘working-class’ American, with a fully functioning brain, should have known, over the last eight years, that the unemployment rate was skyrocketing, and the economy, at least for “we the people”, had collapsed in 2008

But now, here is “house-slave” Obama (“step-n-fetch-it”), once again, lying his elite-owned and operated, “tattle-tale gray” ass off:

“I took an economy that was about to go into a Great Depression, and we’ve now had a little over six years of straight economic job growth, an unemployment rate that’s down below 5 percent, and incomes that have gone up and poverty that has gone down.”

What a fucking liar you are, Obummer!

Here, “house-slave” Obama, is the actual truth, which saddles you with the title of bald-faced liar for all eternity:

Record 95,102,000 Americans Not In Labor Force; Unemployment Rate More Like 30%

By Joseph Jankowski

The “official” unemployment rate (U3) released each month is, to put it in the most straight-forward way possible, a completely misleading and politicized statistic.

The U3 unemployment rate, which is one of 6 ways the U.S. Bureau of Labor Statistics calculates the amount of people out of work, is defined as the “total unemployed, as a percent of the civilian labor force.”

This is the 4.7% number which came out today and the statistic that soon-to-be former President Barrack Obama has boasted so proudly over.

You remember this, right? …

Obama: “I took an economy that was about to go into a Great Depression, and we’ve now had a little over six years of straight economic job growth, an unemployment rate that’s down below 5 percent, and incomes that have gone up and poverty that has gone down.”

Well, today we found out that a record number of Americans are not in the labor force and are not even looking for a job, the same way it was when Obama first stepped into office.

The final jobs report of Obama’s presidency revealed that the number of Americans not in the labor force has increased by 14,573,000 (18.09 percent) since January 2009.

In December, according to the Bureau of Labor Statistics, a record 95,102,000 Americans were not in the labor force, 47,000 more than in November.

Hmmm..

They said the unemployment rate was 4.7%! How can that be! The U.S. population is only about 325,340,300 people!

As explained above, the “official” number only calculates the number of unemployed persons as a percent of the civilian labor force.

So, let’s now take the amount of folks who are not in the labor force and get the percentage of the population that this group accounts for. (I’ll use a calculator just so I know Obama never lied to me!)

*GASP

The reality of the unemployment situation inside the U.S. is much more grim than any politician or bureaucrat would ever want to admit.

And just to highlight how bad the situation is, those people counted as “not in the labor force” qualify to be a part of that statistic because they are no longer looking for work.

It is unrevealing statistics like the U3 unemployment rate that allows politicians to grandstand and pose as your leader.

Joseph Jankowski is a contributor for PlanetFreeWill.com, where this article first appeared. His works have been published by recognizable alternative news sites like GlobalResearch.ca, ActivistPost.com, PrisonPlanet.com and ZeroHedge.com.

Source: Record 95,102,000 Americans Not In Labor Force; Unemployment Rate More Like 30%

P.S.

The War against the Truth, When the Lie Becomes the Truth. Is Obama Preparing War Against Russia?

At the end of Obama’s presidency, Fiction has become Fact.

A world of fantasy permeates the mainstream media.

The Lie has become the Truth.

“Fake New” has become “Real News”.

And “Real News” by the independent online media is now tagged as Russian propaganda.

What we are dealing with is a War against the Truth.

Concepts are turned upside down.

Political insanity prevails. We are at a dangerous crossroads in our history The dangers of global warfare are routinely obfuscated by media disinformation…

Read More Here:

The War against the Truth, When the Lie Becomes the Truth. Is Obama Preparing War Against Russia? | Global Research – Centre for Research on Globalization

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9 thoughts on ““Record 95,102,000 Americans Not In Labor Force; Unemployment Rate More Like 30%””

  1. This discussion reminds me of the metaphor of “musical chairs” to characterize jobs in the US that Mark Rank (2005) uses in his book, “One nation underprivileged: Why American poverty affects us all.” It’s easy to divide and conquer when there are simply not enough jobs for all. Pierre Bourdieu’s (1998) work, “Acts of resistance,” explores a similar view from a global level, where workers in different nations are pitted against each other allowing working conditions and wages to plummet.

    Liked by 2 people

  2. This sounds right to me, Carol, since everything occurring right now seems to have a divide and conquer narrative/agenda behind it.

    I also read recently, that one of the major signs of an empire’s collapse is massive inequality between the wealthy class and the working and poor classes. If this is true, then the fall of the American Empire has been under way for quite a while now.

    Thanks, Carol!

    Liked by 2 people

  3. Because only the main stream journalists are able to get to Obama or any other high ranking stooge.

    Remember, here, the main stream media is corporate owned, so these talking heads go along with whatever the government tells them to.

    Truth is not allowed in the US of A, my friend! And actually, this is not even new news to most of us who know the truth!

    Liked by 1 person

  4. The journalists are the ones writing articles like this one. And my guess is, this journalist would never be permitted to get near enough to Obama to call him out, on this issue or any other.

    The entire political system is rigged, totalitarian in nature, when it comes to the truth. And soon, my friend, it will be Orwell’s Big Brother in reality, unless something changes soon.

    They have already passed secret legislation to put an end to what’s left of free speech, especially when it comes to articles and blogging.

    One day I will go to log into my blog, and I will receive a message saying, “This site can no longer be found!”

    Liked by 1 person

  5. Yes, I know that some journalists are selected before the press conferences, and allowed to ask questions only of them. And, I didn’t know this new legislation on your country. I would be hard days for the opponent people at there.

    Also, as you have said before we know that who are responsible of whole this situation: Damn Ants! :))

    Liked by 1 person

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