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The real jobs numbers: 41% of America unemployed, 1 in 3 doesn't want work at all

Even if the US Labor Department has determined that the unemployment level has finally plateaued after months of staggering jobs statistics, the truth behind the numbers isn’t all that nice. Only four out of every 10 adults in the US is employed.

While the percentage of Americans filing jobless benefit claims isn’t what it was during an unemployment epidemic that ravaged the country throughout the majority of US President Barack Obama’s administration, the Labor Department’s numbers are largely inflated on account of how they determine what actually constitutes looking for work.

Officially, the unemployment rate in America for the month of September was only 7.8 percent, but that statistic stems from only the number of citizens who have been actively searching for a paycheck. In reality, only around 5 per cent of the adult population in the US is unemployed in the eyes of the government because they have been handing in applications during the four weeks before the Labor Department conducted their research. Additionally, another 3 per cent are interested in work but haven’t actively engaged in a job hunting during that span, roughly creating an unemployment figure of just under 8 per cent.The real figures, however, reveal a much scarier statistic.

"The employment-to-population ratio is the best measure of labor market conditions and it currently shows that there has been almost no improvement whatsoever over the past three years," Paul Ashworth, chief North American economist for Capital Economics, writes in a note to clients obtained by CNN. That figure, which accounts for the proportion of working Americans compared with the number of adults in the country, is a lot higher than 8 per cent.For now, 58.7 per cent of American adults are working if the actual employment-population ratio is taken into consideration, leaving about 82 million, or almost 41 per cent of people unemployed. Only 8 percent, however, are even interested in work, leaving 33 per cent of Americans not only jobless — but in no desire for work."The ratio expresses more clearly how many people find working to be a 'good or attractive deal,'" Tyler Cowen, economist and director of the Mercatus Center at George Mason University, adds to CNN.

If the numbers seem drastic, it’s because they are. So rampant in fact is the country’s seeming disregard for work that other just released statistics show that funding welfare programs for the American population was the most expensive endeavor undertaken in all of Fiscal Year 2011.Republicans on the Senate Budget Committee released findings this week showing that the government spent roughly $1.03 trillion on welfare programs last year, funding 83 separate efforts to provide assistance to Americans. Days earlier, a separate study out of Capitol Hill revealed that the number of people enrolled to receive federal assistance by way of food stamps has hit a new record high with roughly 47 million US residents.

“These astounding figures demonstrate that the United States spends more on federal welfare than any other program in the federal budget,” Alabama Sen. Jeff Session writes in a letter provided to The Daily Caller this week. “It is time to restore — not retreat from — the moral principles of the 1996 welfare reform. Such reforms, combined with measures to promote growth, will help both the recipient and the Treasury.” “No longer should we measure compassion by how much money the government spends, but by how many people we help to rise out of poverty,” Sessions adds. “Welfare assistance should be seen as temporary whenever possible, and the goal must be to help more of our fellow citizens attain gainful employment and financial independence. This is about more than rescuing our finances. It’s about creating a more optimistic future for millions of struggling Americans.”

http://rt.com/usa/news/jobs-us-employment-welfare-749/


Added: Oct-19-2012 Occurred On: Oct-19-2012
By: focusv5
In:
Regional News
Tags: Jobs, US, Unemployment, Welfare
Location: United States (load item map)
Marked as: approved
Views: 1242 | Comments: 42 | Votes: 0 | Favorites: 1 | Shared: 0 | Updates: 0 | Times used in channels: 2
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  • I'll trust Fox News before I trust Russia Today for factual data.

    This is the same RT that claimed the US was going to have a full blown civil war and split over the economic situation.

    Posted Oct-19-2012 By 

    (5)

  • lol if those numbers were true i would know someone without a job .i dont know anybody .

    Posted Oct-19-2012 By 

    (3)

  • 25% of women claim they are abused. 75% of men aren't doing their job.

    Posted Oct-19-2012 By 

    (3)

  • lol 41%.

    Are you including children in this? I mean shit, fuck them 3 yr olds for not putting in a day's labor. And grandma, is she included? She need to get out there and earn some blisters?

    lol 41%


    fucking shit has me typing lol. /nohomo

    Posted Oct-19-2012 By 

    (2)

  • 41% unemployed...lol. He destroyed all credibility for this discussion with that claim

    Posted Oct-19-2012 By 

    (2)

  • Hmmm. Wait.. when the first paragraph says: "Only four out of every 10 adults in the US is employed."

    Doesn't that mean "60% unemployement". (which is ludicrous)

    Sadly, there is always a high population of "unemployable" people too.

    Posted Oct-19-2012 By 

    (1)

    • @Zipperneck1321 To be fair anyone above age 18 is technically an adult here, and many people under 25 are in college on grants and scholarships. The thing is, people rightfully "rag" on our public school systems, but if you know how to work the system, you can get more than just free college education, you can pretty much have a middle class life paid for just because you're going to college, even if your college is being paid for by others.

      Posted Oct-19-2012 By 

      (0)

  • complete an utter rubbish, could possibly be the biggest load of shit ever thank god i didn't have the interest to read it all or i might have turned into a serial killer

    Posted Oct-19-2012 By 

    (1)

  • if you lived in the bush like the old days and hunted your own food, sold the pelts (trade) for what you needed, who needs all this crap, we live worse then 300 years ago, we get fat until 150 years from now your kids die before you and the human race goes back to 3 billion people.

    im one for having enough tech to create medication to live, but half the crap we have takes away from the life we should be living.

    Posted Oct-19-2012 By 

    (1)

    • @nowhereman1 I read a study several years ago wherein it said the average human spent about three hours a day hunting or collecting food or otherwise engaged in activities to meet their needs. Maye it's human nature to be lazy.

      Posted Oct-19-2012 By 

      (0)

    • @Punch_The_Monkey ya but you also have to remember that like today you are tought skills, all you need is 1 rabbit for a day or two and maybe bake a loaf, you can set a trap and leave it for the night and come back to check on it, here in northern ontario (canada) a good fishing spot and normal worms can bag me enough fish for a week in an hour. but yes i agree LOL, we are lazy and so am i, most of the time im to tired and let the woman cook...:p im a hypocrite :P

      Posted Oct-19-2012 By 

      (0)

  • No wonder there is so many liveleakers.

    Posted Oct-19-2012 By 

    (0)

    • @nutsflipped "No wonder there is so many liveleakers."
      No wonder there ARE so many liveleakers.
      IS means singular(one). ARE is referring to something in its plural(many) form.
      My mother is an english major.
      http://answers.yahoo.com/question/index?qid=20080316005353AAcV1hO

      Posted Oct-19-2012 By 

      (2)

    • @absu69 he;s sirian ecxuse his english abdu

      Posted Oct-19-2012 By 

      (0)

    • @absu69 thanks, and welcome to the nazi party, which I am a member. One day you can become Oberst-Gruppenführer in the Grammar Nazi army.

      Posted Oct-19-2012 By 

      (-1)

    • @nutsflipped if i didnt care, i would just give you the corrected sentence and no background as to why it is that way.

      Posted Oct-19-2012 By 

      (0)

    • @nutsflipped the part." My mother is an english major", means everything i have said has probably been corrected. If your father taught _______ language it would be the same.

      Posted Oct-19-2012 By 

      (0)

  • Your numbers are complete bullshit.
    Suck a fuck, then come back with useful information. We all know unemployment is higher than the claims of our corrupt government and we're ashamed to be in such a state. But you're just making yourself look like an idiot.

    Posted Oct-19-2012 By 

    (0)

  • Your numbers are complete bullshit.
    Suck a fuck, then come back with useful information. We all know unemployment is higher than the claims of our corrupt government and we're ashamed to be in such a state. But you're just making yourself look like an idiot.

    Posted Oct-19-2012 By 

    (0)

    • @EmrysM suck a fuck? your comments doubled too/

      Posted Oct-19-2012 By 

      (2)

    • @EmrysM

      I agree, this Kremlin mouthpiece hogwash has about as much credability as the reports claiming a <%10 unemployment rate. However, they did get one thing right. Welfare spending is out of control.

      Posted Oct-19-2012 By 

      (0)

    • @absu69 Yes I know it makes no sense, but in making no sense it makes people dwell on it, and they still know it's a slur/insult xD

      Oh didn't notice the double comment. My mouse is acting up again. 1st gen Razer Habu.

      Posted Oct-19-2012 By 

      (0)

    • Comment of user 'Norml' has been deleted by author!
    • @absu69 Yeah, "suck a fuck" This is the second time I've ever heard that term. First was in Donny Darko.

      http://www.youtube.com/watch?v=8DIhwWTHcG0&feature=related

      Posted Oct-19-2012 By 

      (1)

  • What if you factor in the dogs and cats?!

    Posted Oct-19-2012 By 

    (0)

  • In simple terms, it's saying that it depends on what numbers you use. U1-6. The U6 numbers tell a different story

    Posted Oct-19-2012 By 

    (0)

  • Man, every other news story these days is about how the economy is gonna collapse any minute. Don't people ever get tired of this crap?

    Posted Oct-19-2012 By 

    (0)

  • lazy fucks will always be lazy fucks if you're already old and don't know how to do shit chances are you'll keep being lowlyfe and hate work forever

    Posted Oct-19-2012 By 

    (0)