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<blockquote data-quote="texan" data-source="post: 923578" data-attributes="member: 38206">The &quot;true unemployment rate&quot; is very simple to find. The total number of people who are not working, subtracted from the total number of people able to work (called the labor force) will result in the number of people actuallyunemployed. The Population Reference Bureau calculated the labor force to be just over 157 million people in 2010. It is important to note that this number does not include people over the retirement age or disabled people, even if they do have jobs. However, according to the Bureau of Labor Statistics, there are only 131 million jobs in the US. These numbers alone mean that there are 26 million people in the labor force without jobs. This means that the actual unemployment rate, which is people in the labor force without jobs divided by people in the labor force, is over 16 percent.Actual Unemployment Rate Soars Above 25 Percent - Yahoo! News&nbsp;</blockquote>

[QUOTE="texan, post: 923578, member: 38206"] [B]The "true unemployment rate" is very simple to find. The total number of people who are not working, subtracted from the total number of people able to work (called the labor force) will result in the number of people actually unemployed. The Population Reference Bureau calculated the labor force to be just over 157 million people in 2010. It is important to note that this number does not include people over the retirement age or disabled people, even if they do have jobs. However, according to the Bureau of Labor Statistics, there are only 131 million jobs in the US. These numbers alone mean that there are 26 million people in the labor force without jobs. This means that the actual unemployment rate, which is people in the labor force without jobs divided by people in the labor force, is over 16 percent. Actual Unemployment Rate Soars Above 25 Percent - Yahoo! News [/B] [/QUOTE]

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