Current Unemployment Rate Is 37% - Great Depression Unemployment Was 25%

by Pete Santilli, The Pete Santilli Show & The Guerilla Media Network Obama administration, Congress and the Federal Reserve are all lying to us when it comes to the inaccuracy of the Unemployment rate. A Wall Street insider has called out the actual unemployment rate at 37%, far worse than even the unemployment rate during the Great Depression. Wall Street adviser: Actual unemployment is 37.2%, 'misery index' worst in 40 years By Paul Bedard | JANUARY 21, 2014 AT 1:08 PM Don't believe the happy talk coming out of the White House, Federal Reserve and Treasury Department when it comes to the real unemployment rate and the true “Misery Index.” Because, according to an influential Wall Street advisor, the figures are a fraud. In a memo to clients provided to Secrets, David John Marotta calculates the actual unemployment rate of those not working at a sky-high 37.2 percent, not the 6.7 percent advertised by the Fed, and the Misery Index at over 14, not the 8 claimed by the government.



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