Monday, February 06, 2012
Government at Work - on Unemployment Statistics
The improved unemployment number is questioned...
Tyler Durden explains what's going on at ZeroHedge.com:
"A month ago, we joked when we said that for Obama to get the unemployment rate to negative by election time, all he has to do is to crush the labor force participation rate to about 55%. Looks like the good folks at the BLS heard us: it appears that the people not in the labor force exploded by an unprecedented record 1.2 million. No, that's not a typo"