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Bill Quigley – Ten Troubling Numbers Labor Day 2015

5.1. The official unemployment rate is 5.1 percent, or 8 million people, according to the US Department of Labor.  However, this widely reported “official” number overlooks the millions of people unemployed for more than a year nor does it count those who are working part-time and looking for full-time work.  The Department of Labor monthly report which includes people working part-time and looking for full-time work shows the real rate of unemployment is 10.3 percent.

6.  It has been 6 years since the minimum wage of $7.25 per hour was raised.

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