Real Unemployment Rate 22.5 Percent
(WND.com) - The real unemployment rate for January 2012 is closer to 22.5 percent, not the 8.3 percent reported by the Bureau of Labor Statistics, Jerome Corsi’s Red Alert reports. John Williams, author of the “Shadow Government Statistics” website, argues that the federal government manipulates the reporting of economic data for political purposes.
In the Feb. 3 Bureau of Labor Statistics news release, the unemployment rate was reported to have fallen 0.2 percent to 8.3 percent, from 8.5 percent in December 2011.
Williams recreates a Shadow Government Statistics alternative unemployment rate reflecting methodology that includes “long-term discouraged workers” who the Bureau of Labor Statistics (in 1994 under the Clinton administration) removed from those considered “unemployed.”
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In the Feb. 3 Bureau of Labor Statistics news release, the unemployment rate was reported to have fallen 0.2 percent to 8.3 percent, from 8.5 percent in December 2011.
Williams recreates a Shadow Government Statistics alternative unemployment rate reflecting methodology that includes “long-term discouraged workers” who the Bureau of Labor Statistics (in 1994 under the Clinton administration) removed from those considered “unemployed.”
Read The Full Story
If the truth was told he wouldn't have a chance to get in again so it is easier to lie so he can make sure to get back in and sadly that is the way it is with most if not all politicians.
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