From New American
"Rep. Duncan Hunter (R-Calif.) is renewing his push for legislation that would amend how the federal government assesses the U.S. unemployment rate. When calculating national unemployment, the Bureau of Labor Statistics (BLS) currently omits those individuals who have given up looking for work, making the overall joblessness rate appear substantially lower than it actually is.
If the government were to measure unemployment based on Hunter’s calculation, unemployment would spike from the current 8.3-percent rate to 9.6 percent — which critics say will further debase the Obama administration’s already paling record on jobs and economic growth."
read more
No comments:
Post a Comment