Friday, December 4, 2009

The Chart the BLS Doesn't show you

This morning's BLS (Bureau of Economic Statistics) report has people excited, as jobs "lost" were only 11k:


What they don't bother to mention is the continued HUGE rise in those considered "not in the labor force."  By the way, that's the only possible way there can be a downtick in the unemployment rate despite jobs being lost.


Not trying to be a sourpuss, just pointing out the problems with this report.

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