Unemployment Jibberish

Our federal government continues at least weekly to publish up-to-date data on several if not all aspects of the nation's unemployment crises. No matter how much these particular economic numbers may be of a concern to Americans, the Obama White House is pleased and congratulates all on the progress being achieved. However, there is little if any real progress and the published numbers are severely slanted to hide the truth.



Unemployment is officially set at 9.7%, down slightly from the high of 10%, and Obama's best prognostication expects unemployment to remain generally at the 9.7% figure through July of this year. In reality the unemployment figure is slightly greater than 17% when Americans who are severely underemployed or who have given up the effort to seek a job are included. They are currently not officially considered. Additionally the definition of who qualifies to be considered in the unemployment count excludes those under the age of 20 years and almost all agricultural workers. Addition federally definitions of what "unemployment" means eliminates other unemployed Americans.



For some reason Obama does not acknowledge that the restoration of jobs lags behind and negates his claims of economic recovery.



Consider these numbers. Since January of 2008 the national payroll has dropped every month except in November of 2009. That gain was eliminate during the following two months. Since January of 2009 the American economy has eliminate 4,200,000 jobs. In the last three weeks of February 2010, new unemployment claims were in the approximate amounts of 442,000 (2nd week); 473,000 (3rd week); and 469,000 (4th week).



It is impossible to believe Obama's view of an improving economy in the United States when confronted with these numbers on the American worker.