posted on May, 29 2011 @ 07:56 PM
Well put it this way - the number of employed rose 200,000 and this moved the unemployment number by a full percent.
The government determines that 13 million unemployed is about 8.8% which would indicate about 147 million Americans able to work.
However, when we added 200,000 jobs the unemployment dropped from a full %. 1% should be 1.47 million. Using government math 100% or full employment
would mean 20,000,000 employed Americans.
Short answer, they lie but no one cares so it doesn't matter.