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America’s 20% Unemployment Rate

 

 

America’s 20% Unemployment Rate

By Carlton Meyer   April 6, 2009

 

Measuring unemployment is an art that can result in widely varied rates. Not surprisingly, the U.S. Government uses a method that excludes millions of Americans seeking employment. This lower rate is used to prove that America’s economic system is superior to those in Europe. Their higher unemployment rates are blamed on unions and socialism, which guarantee workers health care and paid vacations. The implication is that while many American workers lack such benefits, at least they have jobs. This argument is faulty since unemployment is measured differently.

 

In the USA, 35% of healthy Americans ages 16-64 are unemployed, but what does that word mean? Millions of women are unemployed as they choose to stay home to raise families. Nevertheless, 25% of healthy American men ages 16-64 are unemployed, yet the U.S. Government reports an unemployment rate of just 8.1%.[1]

 

Continued at the following website:  http://www.sandersresearch.com/index.php?option=com_content&task=view&id=1403&Itemid=97