Feb 10, 2012 ... Romney said, “If you take into account all the people who are struggling for work or who have just stopped looking, the real unemployment rate is over 15 percent.” Romney's spokesman, Eric Ferhnstrom, told us Romney was referring to the U-6. To us, the description sounded more like U-5 (which was 9.9 ...
Feb 26, 2016 ... A couple of weeks back, I had a bit of fun with Donald Trump's claim that the “real” unemployment rate is as high as 42 percent. That number is absurd — it would require counting everyone who isn't working, including retirees, students and the disabled, as “unemployed.” But whether or not he realized it, ...
Mar 7, 2017 ... But the unemployment rate is just one indicator of how the U.S. economy is doing, and it's not always the best one. Simply being out of work isn't enough for a person to be counted as unemployed; he or she also has to be available to work and actively looking for work (or on temporary layoff). In any given ...
Apr 20, 2016 ... On Apr. 14, Bloomberg News announced that jobless claims in the US have reached their lowest level since 1973. “All other labor market data are telling us that the economy is creating a lot of jobs,” economist Patrick Newport told the outlet. “This is ... Most of these workers make far below $15 per hour.
May 22, 2017 ... Bonds, a former quality manager at a manufacturing plant, is a highly skilled worker in an industry in need of highly skilled workers. His long bout of unemployment, and his struggle to find work even at minimum wage, flies in the face of the stellar jobs reports that have dominated headlines over the past ...
If you take into account all the people who are struggling for work, or have just stopped looking, the real unemployment rate is over 15 percent.