Subject: True US Unemployment Rate ‘Underestimated Grossly’ by Labor Department Numbers Fri Sep 06, 2019 8:42 pm
While US President Donald Trump touts a “50-year low” 3.7% US unemployment rate, the statistic excludes millions of part-time and temporary workers, giving a false impression of the country’s economic well-being. The real unemployment rate is at least triple the Department of Labor’s calculations, an economics professor told Sputnik.