Real economic data reflects real unemployment rate
The real unemployment rate, when including the “marginally attached workers”, is 9.8%. A “marginally attached worker” is someone that is not counted in the unemployment survey because they have not searched for work in the 4 weeks prior to the survey. There are approximately 2.5 million people that have looked for work in the last 12 months that were not included in the calculated 8.2% unemployment rate. The number of part-time workers that are involuntary part-time employees is 8.2 million. When adding that number to the real unemployment rate you would get a rate of 15.1%. Investors can expect government action, based on the recent economic data.
For more information and statistics see this Seeking Alpha article.
