TPM
Fox News compares apples to rotten oranges to make it appear as if
Barack Obama has presided over a near-doubling of the ranks of the
unemployed.
Media Matters first spotted the inconsistency.
Simply put, Fox & Friends juxtaposed unemployment in January 2009 —
calculated to measure the number of unemployed people actively looking
for work — with a different measure of unemployment in August 2012,
calculated to include disaffected and marginally attached workers.
A direct comparison is less misleading, but also less eye-popping.
The standard measure of unemployment (U-3) when Obama took office was 7.9 percent. Now it’s 8.1 percent.
The broader measure of unemployment (U-6) when Obama took office was 14.2 percent. Now it’s 14.7 percent.
Here’s how Fox mixed and matched the figures:
Using January 2009 figures of any kind papers over the fact that the economy (and thus the unemployment rate) was in free fall when Obama took office. An email to a Fox spokesperson was not immediately returned.
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