Real Unemployment Figures Double Those Reported By Labor Department

Prison | February 6, 2009

The national media frenzy about the U.S. unemployment rate shooting up to 7.6% doesn’t even do justice to the actual unemployment figure, which in reality stands at around 15 per cent, just 9 per cent shy of the unemployment total at the very height of the great depression.

Newsweek’s Dan Gross explains the myth behind the unemployment figures in the video below.

    • kingbiscuitpants
    • April 18th, 2010

    Many unemployment websites and phone lines are being painfully overwhelmed and here in florida it’s particularly bad.
    I actually logged how much time it took me to singn up for unemployment, after their website screwed up my registration & delyaying my benifits by a week.


  1. December 4th, 2011
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