Q. Take a close look at the chart below and ask yourself: If unemployment has really declined why has labor participation?
A. The answer is simple.. The way unemployment is calculated was changed during Clinton. When economy really got bad people stopped looking for work and were not included from the figure. Here's the real unemployment which is well over 20%:
Aren't you proud America? Leave your answer in the comments!
By Neal Vanderstelt Forex Market Analyst
Please Rate and Comment Below: