Sunday, May 06, 2012

What Is the Real Unemployment Rate? 11.1 Percent?

What Is the Real Unemployment Rate? 11.1 Percent? | The Weekly Standard
"what is the true state of the labor market?"
He offers, "If the size of the U.S. labor force as a share of the total population was the same as it was when Barack Obama took office—65.7% then vs. 63.6% today—the U-3 unemployment rate would be 11.1%."

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