Tim Knowles Thanks for your response. I think you missed the whole point of the Forbes analysis. It is quoting Smith of Bloomberg and evaluating how the 5% claim itself is misleading. Perhaps you should fully read Sherman’s article. As Sherman describes, “It presumes the government has accurate counts of of how many people have jobs and how many are unemployed, or holding multiple jobs, for that matter. It doesn’t and the numbers aren’t built on such records.” And his analysis follows.