NY Times Refutes Government’s Unemployment Figures
November 11, 2009 by admin
The New York Times now lists the “broader” rate of unemployment as being 17.5 percent. This contrasts sharply with the official government figure of 10.2 percent. The Times accounts for the disparity by factoring in the officially unemployed, the discouraged, and the underemployed — people who are working part time.
Of course, the Times refers to current economic conditions as the Great Recession. Let’s not mince words. It’s a depression. We’ve also heard TV news commentators say this is the “worst recession since the Great Depression.” Hold it. Back up for just one minute. The Great Depression wasn’t a recession. It’s not okay to rewrite history.
Read the rest of the unemployment article from The New York Times…
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