The Real Unemployment Story

One of the great unanswered mis-representations of the election season is the unemployment picture given by the media.  I would be willing to bet that most of the nation actually believes that the unemployment figure is hovering around 8%.  The real number is closer to 11% (and 19% if you add “under-employment” — part-time jobs that are placeholders for real work).  Lets all recall what Obama said about what would happen if he couldn’t turn those numbers around:

Lets hold him to it.   For more details on the dismal job numbers, take a look at the following news article in the Wall Street Journal:

Mortimer Zuckerman: Those Jobless Numbers Are Even Worse Than They Look