Sunday, January 12, 2014

Barry's "laser focus on jobs" ain't working. Never did.-----------The Broader Measure Of Unemployment: 13.1 Percent

The Broader Measure Of Unemployment: 13.1 Percent | National Review Online:
"Taking these factors under consideration, a better measurement of the health of our labor market is the U6 unemployment rate, which provides the broadest picture of the current labor situation.
According to the new BLS data, the U-6 number now stands at 13.1 percent. 
It is nearly twice the official unemployment rate. 
As you can see here, it has slightly declined since the onset of the recession (and it stood at 13.2 percent in November) but is still significantly higher than pre-recession range of 8 percent to 9.3 percent from 2005 to 2007."

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