On NBC’s “Meet the Press,” former House Speaker Newt Gingrich, R-Ga., pointed to a somewhat obscure labor statistic as evidence that the economy continues to fare poorly more than five years after the onset of the last recession.
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This article was edited for length. For the full version and a list of sources, go to www.politifact.com.
The labor market is weak because if you count the unemployed, underemployed and those who’ve stopped looking for work, the unemployment rate “actually went up last month to 13.5 percent.”
Former House Speaker Newt Gingrich on May 5, 2013, in a discussion on NBC’s “Meet the Press”