January 9, 2012
Latest on UNEMPLOYMENT
January 9, 2012
The Labor Force Participation Rate
While the Unemployment Rate is down to 8.5%, the Labor
Force Participation Rate also fell. What
is going on here?
If a 67% Labor Force Participation Rate is more
realistic than the current 63.96% Labor Force Participation Rate, then the ‘Unemployed’
are understated by 7,304,000 people, so rather than 13,097,000 unemployed the
adjusted number would be 20,401,000!
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