The federal government counts only those seeking work as part of the ‘unemployment’ rate. Chronic unemployed, who stop looking for work, are no longer counted.

Why call it an ‘unemployment’ rate, if millions of unemployed aren’t counted?

Overstating “the health of the American labor market” is a huge disservice to all. The only reason it’s done by the political Party in power is to gain favor…and votes. If a private corporation overstated its business health, to garner shareholder approval or encourage investing, it would be fraud…corporate officers would face felony charges.

In your personal life, if the husband failed to admit they lost their job and let the family continue to make financial decisions as if both were employed, there’d be hell to pay. Extend that to a nation where millions of unemployed are hidden in plain sight.

Only by an honest assessment of the economy can sound policy be made, and an accurate evaluation of our political leadership be determined. Politicians in power seeking to avoid such evaluation benefit from existing ‘unemployment’ reporting.

Stop letting political parties play fast-&-loose with the well-being of our labor market.

Demand they end the confusion; either re-name the statistic a ‘job-seeker’ rate…

…or end the charade, and count ALL the unemployed.