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The official unemployment rate is only 11.1%. 9/10 Americans who want a job have a job. And new business formation for Q2 2020 is at an all-time high: https://
by HenryKissinger 6y ago
The official unemployment rate is only 11.1%. 9/10 Americans who want a job have a job. And new business formation for Q2 2020 is at an all-time high:
https://fred.stlouisfed.org/series/BUSAPPSAUS https://fred.stlouisfed.org/series/BUSAPPSAUS
- knolax 6y agoYou know the target is less than half that right.[0] Plus massive underemployment deflates the numbers. [0] https://www.federalreserve.gov/faqs/economy_14424.htm https://www.federalreserve.gov/faqs/economy_14424.htm
- bdefore 6y agoHenry Kissinger, It's actually closer to 20%. There's over 30 million Americans on state or federal unemployment insurance. https://wolfstreet.com/2020/07/23/media-continues-to-misreport-unemployment-claims-31-8-million-people-on-state-federal-unemployment-insurance-week-18-of-u-s-labor-market-collapse/ https://wolfstreet.com/2020/07/23/media-continues-to-misrepo...