Saturday, April 7, 2012

Record 88 Million not in Labor Force- Complete Employment Analysis

Mike Shedlock

In the last year, the civilian population rose by 3,604,000. Yet the labor force only rose by 1,315,000. Those not in the labor force rose by 2,289,000. 
Were it not for people dropping out of the labor force, the unemployment rate would be well over 11%.

Cooked books and dishonest reporting.  If Obama gets another term, these shenanigans will be the way it gets done.

No comments: