Relevant:
- The Real Unemployment Rate
- US Jobless Claims Fall; But That's Not Quite The Evidence The Fed Needs
- Lower Jobless Claims Don't Point to Robust Labor Market
- Trump Lauded Known-False Employment Numbers--More Distorted Than He Criticized in 2015
- April Jobs Report Disappoints; 'Record' 3.9% Unemployment Rate Is Misleading
2012-04-08 — econintersect.com
Literally half of the drop in the unemployment rate over the last year is due to shrinking the size of the workforce -- in other words unemployed are no longer being counted as they are removed from the workforce.
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