Friday, August 07, 2009

As Of May 8, 2009:

Actual U.S. Unemployment: 15.8%

This morning's (05-08-09) news that U.S. unemployment has hit 13.7 million, pushing the rate to 8.9 percent, tells only half the story of this recession.

The total number of Americans who are not working full-time but ought to be is actually about 22 million, or 15.8 percent, according to the Bureau of Labor Statistics.

And things have gotten much worse since then, but latest figures are always a few months behind the curve.

22 million Americans. That's almost as many illegals that have snuck into our nation and stolen jobs.

Think there is a connection anywhere?

Nah.

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