92.4% Employment Rate in these Difficult Economic Times

That's right, I said Employment Rate, not Unemployment. During these difficult economic times when the number of jobs lost across the nation over the last 12-18 months have been highly publicized, first by someone running for President and needed the American people to recognize it in order to cry out for change, then it became an epidemic because someone needed it to get elected, there remains a civilian workforce EMPLOYMENT rate of 92.4%. Yes, 92.4% of Americans who are of age and seeking employment continue to have employment in these wayward times.

According to the Bureau of Labor Statistics, of our unemployed, the highest rate is among teenagers. A whooping 20%. If you eliminate teenagers from the workforce equation, people who are post high school education levels and possibly have families to contend with, then only 5 people in every 100 cannot find work when they are seeking it. It's all in how you spin it. I feel like our economy is doing pretty well and of those 92.4% of people who continue to work were not being scared by the media to stuff all their money into their mattresses, things would be even better.

Supposedly we are in a recession. The last time we had a bonified recession that lead to a bonified depression was in the late 20s and 30s. The unemployment rate from 1929 until 1939 went from 3.2% to 17.2%, peaking at 24.9% in 1933. Financial experts claim the recession came to a close in 1938 with unemployment still at 19%. Bearing all that in mind, I think we need to remember every time you hear someone quoting the UNemployment rate that what it really means is that the other 92.4% of Americans who want a job, have a job. And by our last well documented recession standards we are doing pretty well as a Nation.