The Shocking Unemployment Charts You Were Never Meant to See

Mainstream media simply won’t publish charts that reflect the true state of the economy. The media’s job is to maintain a consistent theme that Obama has everything under to control in order to facilitate a re-election. Nothing can stop them from achieving this – except perhaps the conservative blogosphere, talk radio and a few brave souls at Fox News.

As Calculated Risk reports:

…job growth has really slowed over the last three months with only 225,000 payroll jobs added (a 900,000 annual pace), and only 274,000 private sector jobs (a 1.1 million annual pace). This is very sluggish employment growth.

The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) was essentially unchanged at 8.2 million. These individuals were working part time because their hours had been cut back or because they were unable to find a full-time job.

The unemployment rate was unchanged at 8.2% in June The household survey showed a another increase in employment (128,000 jobs added), and since the participation rate was unchanged at 63.8%, that was just enough to keep with the increase in the labor force…

This graph shows the job losses from the start of the employment recession, in percentage terms – this time aligned at maximum job losses.

U-6, an alternate [Ed: and superior] measure of labor underutilization that includes part time workers and marginally attached workers, increased slightly to 14.9%…

In short, the real unemployment rate remains at the horrific level of 15 percent.
And the “recovery” (if you believe that’s what we’re experiencing) is the worst for job growth in modern American history.

In short, the real unemployment rate remains at the horrific level of 15 percent.

And the “recovery” (if you believe that’s what we’re experiencing) is the worst for job growth in modern American history.

Other low-lights of the jobs report (or simply put “the no-jobs report”):

• Disability claims outpace new job creation since Obama took office

• The unemployment rate for blacks increased to 14.4 percent

• Hispanic unemployment is unchanged at 11 percent

Clearly there is a storm brewing and you as an individual should take action now to ensure your future financial well-being.

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