While the unemployment rate may have officially inched down in April, the reality is the Bureau of Labor and Statistics is not counting millions of Americans who have simply stopped looking for work.
After holding steady for the past year, the number of Americans who know someone who’s given up looking for a job out of frustration with the current market is up to 48%.
A new Rasmussen Reports national telephone survey shows that 43% of Adults don’t know someone in this situation. But the number of Americans who know someone who has given up on the job market is up from 43% in February and ties the highest result measured in regular tracking since 2010. This finding hovered around 40% for most of 2011. (To see survey question wording, click here.)
The survey of 1,000 Adults was conducted on April 1-2, 2012 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence.
Source: Rasmussen
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