Talk of The Villages Florida - View Single Post - Hope and Change PArt II....by Hillary Clinton
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Old 04-14-2015, 09:10 AM
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You might want to consider doing some research before posting in a public forum as it will save you the embarrassment of being wrong.

The "official" unemployment rate, the so-called U-3 number, does not include people who are underemployed and those who want to work but have given up looking. The better number is U-6, which includes these people, and is currently at 10.9%. The "official" U-3 is currently at 5.5%. The "official" U-3 number peaked at 10.0% in Oct. 2009 during the recent economic meltdown. U-6 peaked at 17.1% in the latter part of 2009 and early 2010. When George Bush left office the "official" U-3 number was 7.8% and the U-6 number was 14.2%.


Quote:
Originally Posted by Guest View Post
So the published unemployment rate today is 5.6 percent, but it is actually 12.7 percent. When George W Bush left the White House, the published unemployment rate was over 10%, so what was that actual rate, 20%, 25%, 30%?