The Real UI picture

http://www.ows.doleta.gov/unemploy/wkclaims/report.asp

from


11/08/2008 539,787 with total of 3,521,971, just after Election !

to

current 8/01/09 of ~560,000 new claims and running total of ~5,600,000 NOT including expired benefits of ~ 1,500,000 for grand unofficial total of 7,100,000 unemployed out of a
total INSURED force of 153,000,000

an increase of ~30% in INSURED labour force ! in less than 10 months

and

http://www.bls.gov/news.release/empsit.nr0.htm

Among the marginally attached, there were 796,000 discouraged workers in July, up by 335,000 over the past 12 months. (The data are not seasonally adjusted.) Discouraged workers are persons not currentlylooking for work because they believe no jobs are available for them.

Satan Says increase of ~50% !!in less than 10 months!

About 2.3 million persons were marginally attached to the labor force in July, 709,000 more than a year earlier. (The data are not seasonally adjusted.)
Satan Says increase of ~30% !!in less than 10 months!
These individuals, who were not in the labor force, wanted and were available for work and had looked for a job sometime in the prior 12 months. They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey.

Satan Says the great sucking sound continues!!
9-9-9, 9-18-09, 9-29-2009!