"The censor believes that he can hold back the mighty traffic of life with a tin whistle and a raised right hand. For after all, it is life with which he quarrels." ~ Heywood Broun
Unemployment Is Not Going Down: The Employment Rate Has Been Under 59 Percent For 39 Months In A Row
Submitted by Persona non grata on Mon, 2012-12-10 01:00
In September 2009, during the depths of the last economic crisis, 58.7 percent of all working age Americans were employed. In November 2012, 58.7 percent of all working age Americans were employed. It is more then 3 years later, and we are in the exact same place! So how in the world are they able to pretend that the "unemployment rate" is going down steadily? Well, they get there by pretending that hundreds of thousands of unemployed workers "leave the labor force" each month.
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