Home Videos David Swanson: Unemployment numbers are phony numbers

David Swanson: Unemployment numbers are phony numbers

When you purchase through our sponsored links, we may earn a commission. By using this website you agree to our T&Cs.

The White House was in celebration mode today. This after the Labor Department declared the joblessness numbers have fallen to a three year low to 8.5 percent. Approximately 212,000 new jobs were created, but many feel that these numbers are distorted since people who have been unemployed for long periods of time and people how have part-time jobs were omitted. David Swanson, activist and author of When the World Outlawed War, joins us to examine the numbers.

Our Editorial Standards

At ValueWalk, we’re committed to providing accurate, research-backed information. Our editors go above and beyond to ensure our content is trustworthy and transparent.

Sheeraz Raza
Editor

Want Financial Guidance Sent Straight to You?

  • Pop your email in the box, and you'll receive bi-weekly emails from ValueWalk.
  • We never send spam — only the latest financial news and guides to help you take charge of your financial future.