Revelation 6:5,6 NCV When the Lamb opened the third seal, I heard the third living creature say, "Come!" I looked, and there before me was a black horse, and its rider held a pair of scales in his hand. Then I heard something that sounded like a voice coming from the middle of the four living creatures. The voice said, "A quart of wheat for a day's pay, and three quarts of barley for a day's pay, and do not damage the olive oil and wine!"
A report from a Wall Street analyst says that the government’s unemployment numbers are grossly underestimating the percentage of Americans who want work but can’t find it.
David John Marrotta said in a memo obtained by the Washington Examiner hat the true unemployment rate in the U.S. is 37.2%, almost five and a half times the 6.7% rate that has been touted by the Federal Reserve and Treasury Department.
“Unemployment in its truest definition, meaning the portion of people who do not have any job, is 37.2 percent. This number obviously includes some people who are not or never plan to seek employment. But it does describe how many people are not able to, do not want to or cannot find a way to work. Policies that remove the barriers to employment, thus decreasing this number, are obviously beneficial,” Marrotta wrote.
The major factor in the government’s number is that they remove anyone from the index who says they have stopped looking for work because they’ve been frustrated at their inability to find a job.
The memo also said that the Misery Index, which is calculated based on inflation and unemployment, is much higher than government reports. The official government statistics put the misery index at 7.54 while the true numbers have the number at close to 14.7, higher than during the Ford administration.
