As the Bureau of Labor Statistics would have it, the job market is practically back to its old self again, with official unemployment down below 7% of the workforce for the first time since the depression began in 2008. As the BLS would have it, if you are unemployed but have given up looking, you're actually not unemployed! Congrats!
But, of course, there are lies, damned lies, and statistics, and the chart below shows you what's really going on.
As you can see, for every 100 people, there are fewer working, even fewer working full time, and more working part time. The ranks of the unofficially unemployed (those who don't meet the BLS standard for being considered unemployed) have swelled.
The bottom line: there are around 19 million Americans looking for full-time work that can't find it.
via:http://shadesofthomaspaine.blogexec.com/index.php/entry/us-government-you-re-not-actually-unemployed
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