The Real UE Numbers

layofflist on November 16th, 2009

2009-12-01: Thank you all for visiting and commenting on this post. Some of you touched on the issues that are behind these disturbing unemployment numbers and you are all correct. We have a government more inclined to bailout crooked corporations than helping the citizenry with job creation and debt management. The taxpayer, through the Federal Reserve, […]

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mike@layofflist on December 7th, 2008

Mike: This was a busy week for layoff and unemployment reports. The important numbers came from the BLS and they showed that nonfarm payroll employment fell sharply (-533,000) in November, and the unemployment rate rose from 6.5 to 6.7 percent. While these numbers are bad enough, they somewhat hide the true unemployment numbers, which are […]

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mike@layofflist on November 17th, 2008

John Williams’ Shadow Stats site ( looks at various government reported financial estimates and shows how these estimates are skewed and inaccurate. The following chart shows how the government reported unemployment numbers can be interpreted when basing these numbers in reality:   As you can see, the current unemployment rate could be a whopping 16%! […]

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