Nearly At ‘Full Employment’? 10 Reasons Why The Unemployment Numbers Are A Massive Lie

ACGR's "News with Attitude"

Michael Snyder

3/8/2015

Source …..

WhatOn Friday, we learned that the official “unemployment rate” has fallen to 5.5 percent. Since an unemployment rate of 5 percent is considered to be “full employment” by many economists, many in the mainstream media took this as a sign that the U.S. economy has almost fully “recovered” since the last recession.  In fact, according to the Wall Street Journal, some Federal Reserve officials believe that “the U.S. economy is already at full employment“.  But how can this possibly be?  It certainly does not square with reality.  Personally, I know people that have been struggling with unemployment for years and that still cannot find a decent job.  And I get emails from readers all the time that are heartbroken because they are suffering through extended periods of unemployment.  So what in the world is going on?  How can the government be telling us…

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About BruceMajors

freelance writer at Daily Caller, The Hill, reason, Breitbart
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