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| Don't tell Steve Clemons U6 has been measured since 1994 |
Except he doesn't really discover it until the commenters clue him in to the fact.
Here's the relevant snip assuming Leo Hindery Jr. must be a god for discovering the truth about the real extent of unemployment:
"In other words, BLS reports that official unemployment stayed flat at 7.6% while Hindery's more extensive figures show that real unemployment increased by 0.4% to 14.3%."
Then two commenters, one of which is "dormilon" below, break the bad news to Clemons in the comments section:
"I was equally confused by what appears to be the author's lack of familiarity with the 'alternative measures for labor utilization.' The BLS doesn't just issue one set of unemployment estimates (U-3) as implied above (For decades, the only employment numbers that anyone would discuss were those issued by the Bureau of Labor Statistics (BLS).), it issues an array of estimates that are disseminated with varying degrees of acceptance or familiarity. And, yes, that U-6 number should definitely be much better understood and publicized."
Commenter "Dcoronata" then goes in for the kill:
"Once you start an article the way you did, sophisticated readers already know not to bother. If the rules have not changed, then there is no duplicity, just bad journalists."
Clemons took it personally:
"Your comment borders on ad hominem."
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No, I'd say it is most definitely ad hominem. Face it, Steve, you're a dumb shit, and a liberal who hasn't cared about the biggest story of our time until someone you esteem told you to care about it. There is no "Deception in Counting the Unemployed" as Steve's headline indicates, just bipartisan indifference about it.
