Thursday, April 14, 2011

The Real Unemployment Number

AITOOW would like to thank the Bureau of Labor Statistics for giving us (what I've contended all along) the real number of working Americans? Although I'm sure it's typically just an inexact estimate (don't we get tax info that can be aggregated?) and doesn't include self-employed workers that have little to no income coming in on one side or off the books workers on the other, they still say that only 45.4% of Americans have jobs! That's 54.6% of people unemployed not 9%! Can we start using this as the metric now! I want the drumbeat to be "Over Half of America Out of Work" from now on.

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