Are we being lied to or mislead by the "5% unemployment" statisticPosted by: xhammy
Less than 50% of American adults are working, the statistic doesn't account for persons with multiple jobs properly (example if one person has two jobs and one has none they are both "employed"), and does not reflect welfare recipients in any way, shape, or form.
Lies or part truth-lies
Its totally legit
It's five percent if you don't count people with part time jobs and a whole bunch of other things.
What Texas14 said.
The mainstream media don't tell the truth about the actual numbers of people unemployed and it should include the ones that has given up work or has lost their unemployment benefits.
the 5% unemployment measure is and always has been the measure most commonly used as a casual litmus test for how the economy is performing. Those people who suddenly prefer to use different measurements usually do so because they do not like whoever it is that is president right now, and enjoy jumping on any statistic that makes the president look bad.
See comment below.