The most recent figures show that the rate of unemployment has dropped to 8.2%, down from a recession high of over ten percent.
That’s an impressive drop, but it is, after all, a statistic.
The real question might be, are the statistics real?
By “real” I mean do they accurately describe what people are actually seeing?
Is the improvement the product of government jobs programs, changes in the statistical count, or are most of the new hires part-timers at the Golden Arches?
Remember, that percentage you hear about is the OVERALL average unemployment. Truth is, there are many areas and groups that have much higher unemployment numbers.
Below are some employment categories that I think tell more about the employment situation in America than the unemployment numbers.