FDR II

clipped from www.investors.com Take that "only 36,000" figure. The real number is actually 51,000 jobs lost, because the government counts 15,000 temporary workers hired by the Census as new jobs. But these jobs aren't, in any meaningful sense, real full-time jobs. Would things have been better without all the snow? Undoubtedly. But we still would have lost jobs. Then of course there's the very definition of unemployment. If you count those who are discouraged or working part-time when they want a full-time job, the jobless rate soars to 16.8%. Private sector employment gauges pretty much show the same thing. For instance, the pollsters at Gallup each month ask Americans questions about their employment. In February, the Gallup report shows, some 19.8% of Americans reported that they were underemployed or not employed at all. That's one out of five workers — and even more than the 15 million unemployed estimated by the government.