Unemployment the Real Truth

Government Figures
Well the newly released Labor Department figures certainly show that the recession is going away. They have reported that unemployment now stands at 9.0 percent. They claim that there were a whopping 36,000 new jobs created just last month alone! That's a swift decline from the last monthly report. Golly, unemployment hasn't been this low since April of 2009! The government message is the "the worst of the recession is over."

REALLY?
Gee, that's good news - or is it just too good to be true? Maybe this is just government "spin" (PROPAGANDA) to help perk-up the economy since Obama spending the USA into oblivion hasn't worked.

Take a serious and hard look at what the government is REALLY doing here. These numbers are meant to encourage people who have been saving their money to get out and spend it. Now you can buy the flat screen TV you have wanted because the economy is getting better. You don't have to save for a rainy day any longer. It also provides reinforcement to those who are working that they shouldn't be worried about being layed off. Finally, it is also meant to encourage those who have stopped looking to start trying to find work once again. This will all help the economy.

The Reality
Does your gut feeling tell you that the government message isn't true? Don't you have some doubts? You should! With the millions of jobs lost from layoffs and going overseas to China and India, it will take YEARS to recover to previous employment levels at those pitiful rates. These numbers are probably accurate and indicate that there is a weak improvement in unemployment. However, we still have record numbers applying for unemployment benefits. This just doesn't add up.

AND, forget the idea that the USA will be strong in manufacturing anytime soon. Since closing factories, debtors have sold all of the machinery to India, China, and other foreign entities. This has been happening ever since the NAFTA trade agreement which sold-out American businesses. Even if we had people who were technically trained (and we don't) we could not re-open those old factories. America has not only lost jobs, but the know-how, and the ability to manufacture goods.

Gallop Polls
Strange, but the recent Gallop poll indicates quite a different unemployment number than what the Labor Department has reported. Remember that Gallop is an independent source that has no political agenda. Their numbers say this: 9.9% unemployment! That's going up not down! Huh?

Funny that they don't agree with what the government is saying. Gallop also says that there is another number that the government NEVER reports. This is the Underemployed figures. The underemployed are those people who are no longer counted after their benefits run out or they are working at jobs where they are way overqualified or working part-time because their career jobs are gone forever. The number of the underemployed is 19.9%!!

Which Do You Believe?
Take a good look around you. How many of your neighbors are out-of-work? How many layoffs have you personally seen? Are things REALLY getting better?

The answer is "NO."

So who do YOU believe?