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Author: Woolybooger1 Big red star, 1000 posts Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 456989  
Subject: Re: 88,000 jobs number Date: 4/5/2013 11:46 AM
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To me this was the most telling issue.

CNNMONEY

The unemployment rate slipped to 7.6%, but that was also bad news because nearly 500,000 people dropped out of the labor market. The labor force participation rate, which measures how many people are employed or looking for jobs, fell to 63.3% -- its lowest level since May 1979.

Yikes.......... the worst since 1979. That does say a lot.


Wooly.............Calvinball economics lives on. Have fewer jobs and less employed folks, but we still release a number that "looks good" What a hoot.
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