Although the unemployment rate is down to 8.5%, the falling labor participation rate is still the major reason for the “improvement.” Here’s a post from Zero Hedge explaining the numbers.
-Valentine
Lunch is for Wimps- Explaining Modern Finance And Economics Using Booze And Broke Alcoholics
- Joe Granville: Dow Down 1,000 Points Each Quarter This Year
- Developed economies’ debt level by sector
- Natural Gas
- Europe and Its $1 Trillion Problem
- Unemployment Rate to 8.5%
- Charts of the Year
- Gold!
- ECB Balance Sheet
- The European Problem in 2012
