Saturday, February 04, 2012

Why the official 8.3 percent unemployment rate is a phony number—and what it means for Obama’s reelection

Why the official 8.3 percent unemployment rate is a phony number—and what it means for Obama’s reelection « The Enterprise Blog
Then there’s the broader, U-6 measure of unemployment which includes the discouraged plus part-timers who wish they had full time work.
That unemployment rate is still a sky-high 15.1 percent.

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