'Good' Jobs Report Has Dark Side - RC Groups
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Mar 05, 2011, 10:33 AM
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'Good' Jobs Report Has Dark Side

The not discussed part of how the numbers come to be...


The participation rate is the comparison of the "labor force," those looking for work or employed, and everyone else. That ratio is currently 64.2 percent seasonally adjusted, and 63.9 percent non-seasonally adjusted, the same level as last month. Both of those percentages are currently running at 27-year lows, meaning the percentage of Americans not working or even trying to join the work force is at a near three-decade high.
Mar 05, 2011, 02:03 PM
AustinTatious's Avatar
Doesn't that realyl say something... that over 35% of Americans aren't working ( for one reason or another)?
Mar 05, 2011, 03:45 PM
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Yeah. Even more amazing, some will talk about the # of new jobs and how the unemployment numbers have gone down a few fractions of a point. But hear the crickets when it comes to actual numbers...

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