{"id":13069,"date":"2012-02-18T23:04:33","date_gmt":"2012-02-19T04:04:33","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=13069"},"modified":"2012-02-18T23:04:33","modified_gmt":"2012-02-19T04:04:33","slug":"real-unemployment-rate-almost-double-official-tally","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/13069\/real-unemployment-rate-almost-double-official-tally\/","title":{"rendered":"Real Unemployment Rate Almost Double Official Tally"},"content":{"rendered":"<p>An editorial by <a href=\"http:\/\/news.investors.com\/article\/601660\/201202171842\/obama-jobless-rate-threatens-re-election.htm\" target=\"_blank\">Investor\u2019s Business Daily<\/a> highlights why the <a href=\"http:\/\/www.voanews.com\/english\/news\/usa\/Obama-Economic-Recovery-Is-Speeding-Up--138659964.html\" target=\"_blank\">Obama campaign\u2019s crowing<\/a> about a nascent economic recovery is hiding the real pain American workers are feeling:<\/p>\n<blockquote><p>Even worse for an administration straining to make the case that it deserves to be around for another four years is the real unemployment rate. It&#8217;s not 8.3%, but closer to 15%, a figure that reflects those who &#8220;would like to work but have not searched for a job in the past four weeks as well as those who are working part time but would prefer full-time work,&#8221; says the CBO.<\/p>\n<p>Another White House problem comes from this in the CBO report: &#8220;The share of unemployed people looking for work for more than six months \u2014 referred to as the long-term unemployed \u2014 topped 40% in December 2009 for the first time since 1948, when such data began to be collected; it has remained above that level ever since.&#8221;<\/p><\/blockquote>\n<p>Voters aren\u2019t stupid.\u00a0 If the eventual Republican nominee can make a compelling argument linking Obama\u2019s policies to the decline in jobs, he\u2019ll win.\u00a0 If not, we\u2019ll have nearly an entire decade of lost opportunities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An editorial by Investor\u2019s Business Daily highlights why the Obama campaign\u2019s crowing about a nascent economic recovery is hiding the real pain American workers are feeling: Even worse for an administration straining to make the case that it deserves to be around for another four years is the real unemployment rate. It&#8217;s not 8.3%, but [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[2033,143,1193,27,18],"class_list":["post-13069","post","type-post","status-publish","format-standard","hentry","category-posts","tag-2033","tag-barack-obama","tag-campaign","tag-jobs","tag-unemployment"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/13069","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=13069"}],"version-history":[{"count":3,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/13069\/revisions"}],"predecessor-version":[{"id":13072,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/13069\/revisions\/13072"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=13069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=13069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=13069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}