Unemployment Is Really at 22.1%

This is FAIR - GWB was constantly assaulted with "What about ALL those people who have just given up...(hand wringing here...)...

Unemployment Is Really at 22.1%:

NyPo's John Crudele reports on the latest numbers from Shadow Government Stats and fills in a bit more on how the government is able to whittle down the number to 10.1%: My friend John Williams of Shadow Government Stats thinks the true unemployment rate would be 22.1 percent if everyone -- all discouraged former workers, encouraged, involuntary part-timers and the like -- were included.

Here are more numbers to fry your brain and cause a temporary sense of helplessness.

The government's household survey (the one from which the unemployment rate of 10.2 percent comes) showed a 'decline in employment' of 589,000 in October, which followed a 785,000 employment drop in September."