The Jobs Report is Misleading

I've Moved! The Boomer Chronicles has closed after 6 years, but you can keep up with me on my new blog at http://www.rheabecker.com

Between December 2011 and January 2012, the number of Americans “not in the labor force” increased by a whopping 1.2 million. That was the largest increase ever in that category for a single month. That is how the federal government is getting the unemployment rate to go down. The government is simply pretending that huge numbers of unemployed Americans don’t want to be part of the labor force anymore. Read more at The Economic Collapse blog.





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