Near as we can figure, there are 158.1
million people in the American labor force (155.8 million civilian plus 2.3
million military), of which 11.5 million are unemployed, leaving 144.3 million at work. The country’s total population is 316.8
million, and, taking out children and seniors, there are somewhere in the very
general vicinity of 200 million adults who could be working and 44.2 million
who should be but are not.
44.2 million divided by 200 million gives
us an unemployment rate of 22.1%. Of
those 144.3 million people who are working, empirical evidence indicates that
at least 50-100 million of them are in sh!t, dead end jobs, generally way below
where their education was supposed to have taken them, and hate it, our
definition of chronically underemployed.
Therefore, the un/underemployment rate in the United States can be
estimated to range somewhere between roughly 47.1% and 72.1%. At least.
That’s a very conservative estimate.
So where does the Obama White House get
off telling us that unemployment “edged down” to “7.4” last month, trumpeting this
as some kind of improvement?
The man has devastated the quality of life
in this country by ignoring the horrific problem we’ve got with JOBS.
JOBS, you pathetic, do-nothing incompetent. America needs JOBS!
Still.