Originally posted by warrenb
The government announced two weeks ago that the national unemployment rate fell from 9.5 to 9.4 percent, although that may have been a statistical
aberration.
I was currious about what the U-6 showed for that same time period. Here is what I found. I've also included the link if you want to see "all"
the data, since I couldn't edit it correctly for viewablity here on the forums.
BLS Website
The U-3 numbers are the ones they use for "public consumption" on the MSM. However, the U-6 numbers are much more accurate. As far as the
"seasonally adjusted" tbh I don't really know what that means. Maybe some have salt and some don't? (

)
Not Seasonally Adjusted -- June 2009 -- July 2009
Measure
U-3 -- 9.7 ---- 9.7
U-6 -- 16.8 ---- 16.8
Seasonally Adjusted -- June 2009 - July 2009
Measure
U-3 -- 9.5 ---- 9.4
U-6 -- 16.5 ---- 16.3
However, as can be seen by the U-6 numbers, the did not change at all under the "Not Seasonally Adjusted" while under the "Seasonally Adjusted"
there was a .2% drop.
Either way you look at it. "REAL" unemployment is still above 16%.