Monday, April 08, 2013

The Falling Unemployment Rate Lie


What seemed like good news in Friday’s jobs report was a little less than that — the unemployment rate fell, but not because more people found work.

Instead, the rate was lower because the Labor Department estimated that there are nearly half a million fewer people in the labor force — the group that includes people with a job or looking for one.


-- Political Pistachio Conservative News and Commentary

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