Manipulation 401 | Understanding Real Unemployment
― Another 522,000 left the labor force in April 2012.April’s Bogus Unemployment Rate* By: Larry Walker, Jr. *Now that economists, media pundits, and the Obama administration have weighed in with half-hearted and inaccurate theories respecting April's decline in the U.S. unemployment rate, it’s time to set the record straight. We learned yesterday, that the official rate declined from 8.2% in March to 8.1% in April, but what’s really beneath the decline? To know, one must have an understanding of [...].






