Unemployment Rate Today At Recession Levels
I Just Learned the REAL Unemployment Rate, and It Sucks https://t.co/o79ol5s5wj
— Rasmussen Reports (@Rasmussen_Poll) August 5, 2024
The Recession Is Already Here. The Biden Regime Lies About It
By John Buchard
A primary tool used by the organized crime family masquerading as the Democratic Party is to manipulate national statistics, particularly the unemployment rate, to suit their narrative.
It’s crucial for you, as a member of the public, to be aware of these manipulations and question the information presented to you.
The Bureau of Labor Statistics, or the BLS, is just another federal agency controlled and manipulated by the organized crime syndicate masquerading as the Democratic Party. Once a professional organization, it was captured first by the Clinton Administration who fundamentally changed how national statistics were calculated and implemented in order to allow them to appropriate funds that would have gone to Social Security recipients for other purposes. If the identical cost of living analysis was used today as before Clinton, Social Security checks would be at least 50& larger than today. It was just another Clinton theft and no one stopped them, then or now.
Unemployment Rate Today At Recession LevelsIf you or someone you know is on a fixed income adjusted for inflation you have noticed that the CPI does not relate well with the actual increase in costs you are experiencing. The same is true for wages where
the actual purchasing power of the American consumer has not kept up with inflation even if their wages have kept up with the BLS estimates of inflation. That is, $100 in 2020 adjusted for inflation does not reflect actual housing, food, energy and more costs in 2024.
In the 12 years of the Obama and Biden Administrations, the BLS, along with all other federal agencies, was “staffed” by career bureaucrats carefully selected for their loyalty to the crime family (basically what the mafia would call “made men and women”). Their work product benefits the crime family,not the tax-payer.
The BLS publishes vital matters, including the nation’s unemployment rate. However, it’s the extensive monthly survey run by Rasmussen Reports, a highly respected and accurate polling company, that truly sheds light on the situation. Their findings reveal that the unemployment rate is more than double what is reported by the Biden Administration. The actual rate is 8.4% compared to the false rate of just 4.3%. This information is crucial for understanding the true state of our economy.
Rasmussen Real Unemployment Rate: Still Almost Double the Official Rate. You can read the full report HERE.
Friday, August 02, 2024
National unemployment was 8.4% in this month’s Rasmussen Reports Real Unemployment update, up from 7.9% last month and starkly different from the 4.3% officially reported by the Bureau of Labor Statistics today.
The Rasmussen Real Unemployment rate is derived by asking American Adults who they work for. Those who respond “unemployed, but looking for work” are aggregated at the end of the month and weighted to match the nation’s demographic profile.
Unemployment Rate Today At Recession LevelsRasmussen Reports conducted a survey of 8,905 American Adults from July 1 to 31, 2024. The margin of sampling error is +/—1 percentage point, and the 95% confidence level is 95%. Pulse Opinion Research, LLC conducts field work for all Rasmussen Reports surveys. See methodology.
Americans between the ages of 18 and 39 are by far the most unemployed, at 14.3%, down slightly from last month. Six percent (6%) of Americans aged 40-64 identify as unemployed, as do 1% of Americans over 65.
By age and gender, women under 40 are most unemployed, with a 18% rate. Men over 40 are least unemployed, at only 4%.
In addition to the unemployed, 10% of Americans identify as “not in the workforce,” bringing the combined total of not retired but not working, Americans to 18.1%. The survey of 8,905 American Adults was conducted July 1-31, 2024 by Rasmussen Reports. The margin of sampling error is +/- 1 percentage point with a 95% confidence level. Field work for all Rasmussen Reports Pulse Opinion Research, LLC conduct surveys.
Unemployment Rate Today At Recession Levels
