The Real Unemployment Rate: 14.4 Percent

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PJ Media:

The Real Unemployment Rate: 14.4 Percent

by

Bridget Johnson

December 7, 2012 - 8:29 am

In the wake of today’s Labor Department numbers, the Senate Republican Policy Committee said the real unemployment rate is not 7.7 percent, but 14.4 percent for November.

The “real” number of unemployed Americans is 22.7 million, Sen. John Barrasso’s (R-Wyo.) committee said in a release. “These are people who are unemployed (12.0 million), want work but have stopped searching for a job (2.5 million), or are working part time because they can’t find full time employment (8.2 million).”