Friday, October 5, 2012

Headline: Unemployment Rate Falls to 7.1%...

But buried deep within the story is the reason why it fell - and it's not because there are fewer unemployed Americans.  Instead, more unemployed Americans have entered the “discouraged worker” category, and they're not counted as unemployed for the purposes of this bogus and misleading number.

The real number – the percentage of American workers who are out of work, whether “discouraged” or not – held steady at 14.7%.

The damned media is covering for The One again...

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