Don’t Believe Those Phony Trump Unemployment Numbers

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What’s the real unemployment rate?

April’s 14.7 percent unemployment rate, announced by the Labor Department last Friday, is awful by any standard. The official tally shows that unemployment increased by 15,938,000 people last month—to 23,078,000 overall—resulting in the highest jobless rate since the Great Depression. As depressing as that may be, it’s not the full story. The Labor Department also reported Friday that the number of employed Americans fell by 22,369,000 people in April. If you reconcile the gap between 22,369,000 and 15,938,000, you’ll find that the real unemployment rate is much worse. The actual unemployment rate for April was at least 18.6 percent.

You can click the link to read all the gruesome details, which I frankly don’t care about. We know what we’ve done to the economy, and the precise numbers don’t matter all that much.

However, after having to endure the 2016 campaign and Donald Trump’s endless claims that the government was lying about the unemployment rate blah blah blah,¹ I can’t help but get a bit of satisfaction from being able to turn that around on him. I guess it doesn’t take much these days to get a bit of satisfaction.

¹“Don’t believe these phony numbers,” Trump told supporters in February 2016. “The number is probably 28, 29, as high as 35 [percent]. In fact, I even heard recently 42 percent.” Other idiotic unemployment claims are collected here.

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We've never been very good at being conservative.

And usually, that serves us well in doing the ambitious, hard-hitting journalism that you turn to Mother Jones for. But it also means we can't afford to come up short when it comes to scratching together the funds it takes to keep our team firing on all cylinders, and the truth is, we finished our budgeting cycle on June 30 about $100,000 short of our online goal.

This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

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