- Fri May 08, 2015 7:56 am
#57750
Although we must all applaud any improvement in the unemployment rate, the headline figure is quite deceptive.
What Labor calls the "real" unemployment rate is the U-6, which is now down to 10.8 percent.
The labor force participation rate hasn't been this bad since 1978.
The stock market is celebrating, and that will increase the net worth of investors today, but...
What Labor calls the "real" unemployment rate is the U-6, which is now down to 10.8 percent.
The labor force participation rate hasn't been this bad since 1978.
The stock market is celebrating, and that will increase the net worth of investors today, but...
