Sunday, October 04, 2015 4:18:36 AM
The Shocking Reality: This Chart Shows Just How Bad Unemployment Is Today Compared to The Great Depression
Mac Slavo October 3rd, 2015
SHTFplan.com
Comments (101)
Read by 15,717 people
Some content of the posted article:
According to John Williams of Shadow Stats, if we were to calculate unemployment using the same metrics as we did during the 1930’s, or even the 1980’s, we’d already be in Great Depression territory. Williams, who utilizes a reporting methodology that accounts for “long-term discouraged workers who were defined out of official existence in 1994,” notes that the real unemployment rate is rapidly approaching 25%.
Now compare the above chart to similar measurements from the 1930’s and you’ll see just how bad things really are:
Entire Article: http://www.shtfplan.com/headline-news/the-shocking-reality-this-chart-shows-just-how-bad-unemployment-is-today-compared-to-the-great-depression_10032015
Mac Slavo October 3rd, 2015
SHTFplan.com
Comments (101)
Read by 15,717 people
Some content of the posted article:
According to John Williams of Shadow Stats, if we were to calculate unemployment using the same metrics as we did during the 1930’s, or even the 1980’s, we’d already be in Great Depression territory. Williams, who utilizes a reporting methodology that accounts for “long-term discouraged workers who were defined out of official existence in 1994,” notes that the real unemployment rate is rapidly approaching 25%.
Now compare the above chart to similar measurements from the 1930’s and you’ll see just how bad things really are:
Entire Article: http://www.shtfplan.com/headline-news/the-shocking-reality-this-chart-shows-just-how-bad-unemployment-is-today-compared-to-the-great-depression_10032015
Economics by Following the Money ~ Globally & Nationally on Twitter @Conan644
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