10 July 2007
PHONY UNEMPLOYMENT NUMBERS
There is an interesting article at the American Prospect, Jobs Report: Sagging Employment Rates.
Short story, workforce participation is dropping at the same time that unemployment is dropping.
Slightly longer story: real unemployment is up, way up.
Longest story: go to article, it's about 5-6 graphs.
Short story, workforce participation is dropping at the same time that unemployment is dropping.
Slightly longer story: real unemployment is up, way up.
Longest story: go to article, it's about 5-6 graphs.
Labels:
Economy
,
employment
,
Labor
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