Reply to thread

Message

<blockquote data-quote="Babagounj" data-source="post: 1132069" data-attributes="member: 12952">[h=1]NYT: Real Unemployment at 21.9 Million[/h]But behind Friday’s Labor Department figures lies a stark economic reality: America remains in a downward jobs spiral.&nbsp;Consider the following: according to the Labor Department, the U.S.&nbsp; added 165,000 jobs in April, but to return to pre-recession employment&nbsp; levels, the U.S. <a href="http://economix.blogs.nytimes.com/2013/05/03/comparing-jobs-in-recessions-and-recoveries-2/" target="_blank">would need to add 208,000 jobs a month</a> over seven years.The government officially recognizes 11.7 million individuals as being unemployed. But as the New York Times&nbsp; notes, including “those who are underemployed—that is, adding in those&nbsp; workers who are part-time but want to be employed full time, and workers&nbsp; who want to work but are not looking—brings the total up to <a href="http://economix.blogs.nytimes.com/2013/05/03/comparing-jobs-in-recessions-and-recoveries-2/" target="_blank">21.9 million</a>.&quot;&nbsp;Since President Barack Obama took office, <a href="http://cnsnews.com/news/article/95-million-people-have-left-workforce-under-obama" target="_blank">9.5 million Americans have fallen out of the U.S. workforce</a>.&nbsp; Today, 89,936,000 people living in the U.S. no longer work.&nbsp;That means America is trapped in the <a href="http://www.huffingtonpost.com/2013/05/03/april-jobs-report-unemployment-rate_n_3207647.html" target="_blank">slowest job market recovery since World War II</a>.&nbsp;As New York Times economic reporter Binyamin Appelbaum <a href="http://economix.blogs.nytimes.com/2013/05/03/keeping-up-not-getting-ahead/" target="_blank">concludes</a>, “the United States economy is not getting any closer to recreating the jobs lost during the recession.”</blockquote>

[QUOTE="Babagounj, post: 1132069, member: 12952"] [h=1]NYT: Real Unemployment at 21.9 Million[/h] But behind Friday’s Labor Department figures lies a stark economic reality: America remains in a downward jobs spiral. Consider the following: according to the Labor Department, the U.S. added 165,000 jobs in April, but to return to pre-recession employment levels, the U.S. [URL="http://economix.blogs.nytimes.com/2013/05/03/comparing-jobs-in-recessions-and-recoveries-2/"]would need to add 208,000 jobs a month[/URL] over seven years. The government officially recognizes 11.7 million individuals as being unemployed. But as [I]the New York Times[/I] notes, including “those who are underemployed—that is, adding in those workers who are part-time but want to be employed full time, and workers who want to work but are not looking—brings the total up to [URL="http://economix.blogs.nytimes.com/2013/05/03/comparing-jobs-in-recessions-and-recoveries-2/"]21.9 million[/URL]." Since President Barack Obama took office, [URL="http://cnsnews.com/news/article/95-million-people-have-left-workforce-under-obama"]9.5 million Americans have fallen out of the U.S. workforce[/URL]. Today, 89,936,000 people living in the U.S. no longer work. That means America is trapped in the [URL="http://www.huffingtonpost.com/2013/05/03/april-jobs-report-unemployment-rate_n_3207647.html"]slowest job market recovery since World War II[/URL]. As [I]New York Times[/I] economic reporter Binyamin Appelbaum [URL="http://economix.blogs.nytimes.com/2013/05/03/keeping-up-not-getting-ahead/"]concludes[/URL], “the United States economy is not getting any closer to recreating the jobs lost during the recession.” [/QUOTE]

Verification