Thread: Election Day!
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Old 11-06-2012, 02:56 PM   #173
houghtam
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Join Date: Jul 2006
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Quote:
Originally Posted by Miss I. View Post
Um 23 million? where might I ask did you get that number?

I looked up 5 different sources and they all indicated around 12 million unemployed. Not that I think that's great, but you doubled the unemployed number.

however, I will say that unemployment spiked very high under Obama. He inherited a 7.8% unemployment rate and it spiked that year at about 10% in October. It has declined ever since and this last month it's back at around 7.9%.

http://www.tradingeconomics.com/unit...mployment-rate
http://www.bls.gov/news.release/empsit.nr0.htm
http://data.bls.gov/timeseries/LNS14000000
It's a made-up number that includes people who have supposedly stopped looking for work. The BLS doesn't use those numbers in calculating its unemployment numbers, and never has.

Now that there's a D in the WH though, it's a new argument.

Big surprise there.
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