Unemployment at All Time Low 5.9%… Just Kidding!


by Joe Messina

Government math takes on many forms. I think it’s the basis for Common Core math. In Common Core, 2 plus 2 plus 2 doesn’t always equal 6. Just like 18% of employable people in the U.S. equals a 5.9% unemployment rate.

The 5.9% number is usually arrived at by simply looking at how many Americans file for unemployment every week, both new and continuing claims. You hear about the numbers of people dropping off the rolls but you never hear why. The assumption is that they found a job.

Do you ever hear them report about the number of people who drop off the unemployment rolls because they ran out of time? Or the ones who got discouraged and gave up looking because they couldn’t find employment. What about the ones who switch to disability because they are now having physical and mental issues as a result of their job search? (Insert crickets sound here.)

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