Obama Lies – Unemployment Rate Is Not At 5.7 Percent – What Is It Really?

February 9, 2015 2:05 pmViews: 1175

Obama lies about unemployment rate


President Obama won the “Lie of the Year Award” back in 2013 when he of course lied about Obamacare when he said, "if you like your health care plan you can keep you plan” and "if you like your doctor, you can keep your doctor" about 100 times in public speeches that are well preserved by video evidence. Now he is at it again. Actually, he never stopped and probably never will.

The Washington Times has a superb article on Obama's fake jobs numbers that have been completely manipulated courtesy of the Bureau of Labor Statistics to show a 5.7% unemployment number when the actual U-6 unemployment rate is in reality at 11.2%. The U-6 rate is includes those who work part time, but need a full time job and those who are no longer looking for a job because they have given up looking for one in the terrible Obama economy.

Gallup CEO Jim Clifton says Obama's jobs numbers are fake because they do not include the 92.9 million people who are no longer in the labor force nor do they include the labor force participation rate which is at 62.7 percent, a 38 year low. That means there are less people working as a percentage of eligible workers than there has been since 1977 when Jimmy Carter was president. And Barack Hussein Obama somehow has the nerve to call that a good thing. He's not in touch with real statistics.

Here is one passage from the Washington Times article that really represents the fantasy that the Obama administration is involved in...

"The administration’s jobless-rate claims fool no one beyond the Beltway, and certainly not Jim Clifton, the president and CEO of the Gallup polling organization. Mr. Clifton calls the 5.6 percent unemployment rate “the Big Lie.” Chastising mainstream media and Wall Street for “cheerleading for this number,” he says it’s “extremely misleading.”

Mr. Clifton notes the inconvenient truth that if someone is “so hopelessly out of work that you’ve stopped looking [for a job] over the past four weeks,” the Labor Department “doesn’t count you as unemployed.” If you work one hour a week and are paid at least $20, “you’re not officially counted as unemployed” in the under 6 percent figure."

Clifton goes on to say:

“Right now, as many as 30 million Americans are either out of work or severely underemployed. Trust me, the vast majority of them aren’t throwing parties to toast ‘falling’ unemployment.”

Despite that reality, the Obama administration keeps pushing out that 5.7 percent rate so Mr President can look good to his followers. The truth of the Obama unemployment rate paints a far different picture, one that Barack Hussein Obama is afraid to tell you.

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