> It is important to note that even if you believe the numbers are fudged, they aren't more fudged today than they were in 2008.
No, it's certainly possible that more and more people have given up finding work since 2008, widening the spread between real unemployment and reported unemployment.
But where is the evidence for that? Btw, there are statistics that takes the "giving up rate" into account and they also show that the unemployment rate has decreased!
No, it's certainly possible that more and more people have given up finding work since 2008, widening the spread between real unemployment and reported unemployment.