December 6, 2011

Gov't Unemployment Figures Deceptive

[From article]
"If a person told the Labor Department surveyors that he was so bummed about the job market that he hadn’t looked for work in a year, he would officially become a non-person.
[. . .]
if the employment situation got bad enough, people would drop out of the labor market and the unemployment rate would start to look better — even if it really wasn’t.

http://www.nypost.com/p/news/business/behold_the_incredible_shrinking_wLi2Zoeo6TbcF6V2RWRkWL

Behold the incredible shrinking work force
John Crudele
New York Post
Last Updated: 12:33 AM, December 6, 2011
Posted: 11:41 PM, December 5, 2011

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