Friday, February 3, 2012

US "labor force non-participation", the real unemployment rate, is at 36.3%.


A broad measure of unemployment, which includes workers only marginally attached to the labor force, fell to 15.1 percent, the lowest since February of 2009.

there may be 3 million long-term unemployed people who are currently not being counted as unemployed by the Labor Department because they have simply given up looking for work.

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