Friday, December 2, 2011

November 2011 Unemployment: The Truth About the Numbers

There'd be mass tapdancing in the streets and @BarackObama would be interrupting your regularly scheduled programming to hold a presser if the unemployment rate "dropping" to 8.6% actually meant that a significant number of new jobs had been created, and that the US economy was starting to "recover."  Sadly, that's not what the lower rate means: it means fewer people are looking for work or actually participating in the workforce.  Read:

No comments: