Let me put it another way. If everything goes well and we survive we will soon be hitting 9 billion people. What do you think the unemployment rate will be then? Add the job loss from technological innovation to that. Now you see a picture emerging your corrupt economists don't want you to see because they can't face it themselves. Now class, lets all tap our heals together three times and say "There's no place like the 50's, There's no place like the 50, ... Here, have some more anti-depressants or alcohol. Why not, everybody's doing it! It must be OK then, right?. Everything is just so peachy."
Lol. The economy is dead and we are getting booted from our king of sham role. People talk about the debt their grandchildren will inherit. You can't spend worthless money on a dead planet. Wake the #%^$! up people!
Well, I just recently one of those people who are unemployed. Our company suddenly closed down because of recession and it’s too sad that our government doesn’t care to us poor people. Nowadays, our family is relying in cash advances [see: http://personalmoneystore.com/Cash-Advance/ ] to shoulder some of our everyday finances and it’s really hard to budget our low income. I just hope there will be more government actions on this unemployment issues, as well recession should resolve
Its nice to know there are people out there who know how to figure the real unemployment rate! And of course it WILL get worse--it has too--there are too many people and not enough jobs to go around. You really think Obama is going to create jobs as he professed? He doesn't know the first thing on how to do this nor does he really care.