How can there be less Unemployment? A Lie?

"Unemployment (or joblessness), as defined by the International Labour Organization, occurs when people are without jobs and they have actively sought work within the past four weeks.[2] The unemployment rate is a measure of the prevalence of unemployment and it is calculated as a percentage by dividing the number of unemployed individuals by all individuals currently in the labor force. "

Based upon how the number of unemployed people are tabulated(currently by their participation in claiming unemployment compensation from state and federal government) then technically by federal standards the percentage from their formula is correct, but in actuality the figure is bogus due to the number who have run out of benefits and are no longer counted in the UC database. You would never convince the federal government that their formula is incorrect because it points favorably to their way of doing things. The public however(if they have any common sense) know it is fictional figures currently being supplied by our government.

Well if it isn't really lying then I've got A factory that needs at least 20 million dollars in federal aid. Yea right, it's a Dam Lie. Unemployment is soaring, people are now negative and some write I can't get a job. Jobs leaving big cities hurt very bad. If a job opportunity in small town America is available, it is either taken or a lot of people have applied for or and it's hard to get. In the City it is probably 10 times as bad. So you tell me if Unemployment go down? Anyone who can say this is not Living in a real life competition for jobs.

This isn't something new; unemployment has been calculated the same way for the last 40 years, regardless of who was in power. The same problem skewed unemployment numbers during the recession of 1981 to 1983, at the height of Reaganomics. It seems that the trickle down theory wasn't all it was cracked up to be.

the real problem is there are now more people (workers) then there are jobs need to produce everything that can be consumed

the real source of wealth is cheap clean energy and human brains to use it

our current industrial system is the industrial revolution form early 1700- late 1900s

Capitalism works fine to concentrate wealth to the "owners"

a new mixed system is needed to distribute wealth so it can be re-cycled

In the next century robots will replace almost all jobs that are "unskilled and repetitive'

then how will be have income for purchases

It isn't really "lying".

It is just employing some creative ways of calculating the rate in order to keep the people from hearing the truth.

If you want a more accurate calculation, go where businesses go to get stats for decision making, Shadow Stats dot com.

http://www.shadowstats.com/

their employment page

http://www.shadowstats.com/alternate_data/unemploy...

The unemployment rate is dropping because the people who have been on unemployment are not longer eligible to recieve it. Even though they don't have a job, they are no longer "unemployed."

I KNOW-especially since the G0P has worked so hard to create MORE unemployment...

it's liberal math.