[quote=EconProf]
The current work force is about 153 million, of which about ten and one-quarter million are unemployed. 6.7%
[/quote]
EconProf, thanks for all the info, much appreciated. Now lets talk numbers real quick. November’s report just came with 533,000 jobs lost and pushed the unemployment rate up two tenths of a percentage point. By your facts above that should have pushed the rate over one half of a percentage point. This leads me to believe that there is a fundamental flaw in this system.
I had no clue that door knocking was the how the unemployment was determined. Maybe the bus got stuck in Rancho Santa Fe this past year. All in all I just don’t buy it! There are millions more that are unemployed that the government fails to acknowledge. I think the numbers are clearly left lower to control any sort of panic that may have happened in the Great Depression.
