The unemployment rate drops to 8.2% for one simple reason: the number of people not in the labor force is back to all time highs: 87,897,000.
Saturday, April 7, 2012
Those 'Not In The Labor Force' At Record Highs
From Zero Hedge:
This is actually worse news than if the unemployment numbers went up.Remember what our mama's said about idle hands,'they are the devil's playground.'If people are not up and going to work,what are they doing?
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