Obama Agenda Provides Long Work List To Tackle When He Returns

Real US unemployment: More than 15%:

While the official US unemployment rate lies just above 8 percent, real jobless rates are almost three times that high in some states, with the national “real” unemployment rate lying at 15 percent in July.

The US government’s official unemployment rate, now at 8.1 percent, only takes into consideration those who have no job and are looking for work. This number is called a “U-3” rate. It does not count those who have stopped looking for work or who are working part-time.

The US Bureau of Labor Statistics takes these other factors into consideration for data it calls the “U-6” – and these numbers are shockingly higher.

U-6 data includes “discouraged workers,” which the Bureau defines as people not in the labor force, but want and are available for work and had looked for a job in the prior year.

Those who have not looked for work in the prior month are not included in the U-3 unemployment rate.

The national U-6 rate is 15.3 percent, but some states have a shockingly higher individual rate.

Nevada’s U-6 unemployment rate is 22.1 percent – the highest in the country. The rate is almost three times higher than what it was in 2007, at 7.6 percent.

California has a rate of 20.3 percent, while Rhode Island lies at 18.3 percent.

Only three states have U-6 unemployment rates beneath 10 percent, and only one state (North Dakota at 6.1 percent, the lowest in the country) has a rate lower than the official U-3 unemployment rate.

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