Quote:
Originally Posted by G13
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I've already outlined quite clearly how the Obama Administration came up with that phony 8.6% unemployment number many times within this thread, yet you are still disingenuously pandering the Obama Administration's numbers. 350K people LEAVING the work force completely offset those 120K mostly holiday retail jobs. The labor market is shrinking, yet you're claiming the market is improving? It doesn't pass the laugh test.
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You are wrong. Here are the latest seasonally adjusted figures from the Department of Labor:
http://www.bls.gov/news.release/empsit.t15.htm
Look at the
U6 numbers.
If you'd like them for a longer period and with finer granularity, try here:
http://portalseven.com/employment/un...nt_rate_u6.jsp
The last time U6 (and U3) unemployment was this low was March 2009.