Have you ever wondered? Doesn’t it seem that the US unemployment rates, as reported by the government, seem to be overly optimistic. Well, they are. In an effort to paint a more cheerful picture of the US economy and the whole unemployment picture, they have chosen to conveniently forget a major segment of the workforce that would love to work, if they only had a job. The whitewashed government statistics ignore millions of long-term discouraged workers. It turns out that that little omission makes a difference. The government reports a current unemployment rate of from 8 to 9 percent, while the REAL unemployment rate including long-term discouraged workers is closer to 23%. I don’t need to tell you that this is a pretty significant “oversight”. This chart prepared by shadowstats.com illustrates just how different the story is when you include all the people suffering in this unemployment cycle.
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_4.gif)
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_4.gif)
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