(Analyst's note:  Extremely troubling.  This is certainly a bombshell.  This article provides significant details that "Despite Obama administration promises to focus on 'jobs, jobs and jobs,' the real unemployment rate in the United States is over 21 percent.).

Despite Obama administration promises to focus on "jobs, jobs and jobs," the real unemployment rate in the United States is over 21 percent, Jerome Corsi's Red Alert reports.

Unemployment was declared to be 9.9 percent in April, but the real unemployment rate – measured to include those who want work but have given up looking and those part-time employees who prefer full-time work – hit 17.1 percent, rivaling October's 17.4 percent, the highest since the Department of Labor began keeping these statistics in 1994.

Nearly half the unemployed, 46 percent, have now been out of work for 27 weeks or longer.

"When we take into account those who are considered long-term discouraged workers who have given up looking for work after a year or longer, the April unemployment number shoots to more than 21 percent," Corsi noted.

A 21 percent unemployment rate nearly reaches peak jobless rates of the Great Depression, when unemployment reached 25 percent in 1933.

House Republican Leader John Boehner, R-Ohio, responded to the disappointing news that the unemployment rate for April rose to 9.9 percent by noting the number of long-term unemployed, those out of work 27 weeks or longer, now account for 46 percent of the unemployed.

"A 9.9 percent unemployment rate is a harsh reminder that families and small businesses continue to ask, 'Where are the jobs?'" Boehner pointed out. "Positive job growth is always welcome news, but this rising and painfully high unemployment rate is a far cry from President Obama's promise that the trillion-dollar 'stimulus' would keep joblessness from rising above 8 percent."

To learn more about the real unemployment rate and how it is calculated, read Jerome Corsi's Red Alert, the premium, online intelligence news source by the WND staff writer, columnist and author of the New York Times No. 1 best-seller, "The Obama Nation."

Red Alert's author, whose books "The Obama Nation" and "Unfit for Command" have topped the New York Times best-sellers list, received his Ph.D. from Harvard University in political science in 1972. For nearly 25 years, beginning in 1981, he worked with banks throughout the U.S. and around the world to develop financial services marketing companies to assist banks in establishing broker/dealers and insurance subsidiaries to provide financial planning products and services to their retail customers. In this career, Corsi developed three different third-party financial services marketing firms that reached gross sales levels of $1 billion in annuities and equal volume in mutual funds. In 1999, he began developing Internet-based financial marketing firms, also adapted to work in conjunction with banks.

In his 25-year financial services career, Corsi has been a noted financial services speaker and writer, publishing three books and numerous articles in professional financial services journals and magazines.