An op/ed by the Chairman and CEO of Gallup Polls says what we’ve been saying for some time now: The declining unemployment figures trumpeted by the Obama administration and by his lapdog media are LIES because the statistics don’t include the millions of Americans who are unemployment but who no longer look for a job, having dropped out of the labor force entirely. (See “Record number of Americans (92m) not in labor force”)
Nor do the official unemployment figures include the number of Americans who are severely under-employed — who want full-time employment but can only find part-time jobs.
By Jim Clifton, Chairman and CEO at Gallup
Feb. 3, 2015
Here’s something that many Americans — including some of the smartest and most educated among us — don’t know: The official unemployment rate, as reported by the U.S. Department of Labor, is extremely misleading.
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