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Dave Webber on Welfare & Poverty

 

 


False unemployment rate means rise in welfare & food stamps

The low unemployment rate is not a true rate, as people who have stopped looking for work for more than 4 weeks are not factored in. Upwards of 10 million people fall in this category! They are unaccounted for, as they are the long term unemployed. This is part of what explains why welfare and food stamp recipients are at record levels. Wages are flat, with no change in wages adjusted for inflation for over 25 years.
Source: 2018 New York Senate campaign website DaveWebberForUsSenate , Jan 18, 2018

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