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Shocking Numbers That Show The Media Is Lying About Unemployment In America
Did you know that the percentage of the U.S. labor force that is employed has continually been falling since 2006 according to the Bureau of Labor Statistics? Did you know that the increase in the number of Americans “not in the labor force” during Barack Obama’s first four years in the White House was more than three times greater than the increase in the number of Americans “not in the labor...
US Labor Unions hit lowest membership point in 7 decades
In 2012, full-time union members had a median weekly salary of USD 943, with their non-union counterparts earning only USD 742.
A new report shows that American labor unions have experienced their worst decline in membership in nearly 80 years, mainly due to losses of public sector workers.
The Bureau of Labor Statistics said on Wednesday that the union membership rate fell from 11.8 to 11.3 percent...
US Inflation near 10% if old measure is used
Inflation is still calculated using a “market basket” to determine prices. But since 1980, other factors have been added to reflect a changing economy.
Still, it might be useful to measure today’s rate of inflation using 1979 methods. CNBC’s Fast Money gives us the bad news:
“Inflation, using the reporting methodologies in place before 1980, hit an annual rate of 9.6...