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Question of the Day: What will the unemployment rate look like for the rest of the decade?

Davole Wrote: Dec 12, 2012 9:54 AM
Mike Shedlock - Please clarify - when you use the term "the unemployment rate," would that be the real unemployment rate, or the connived unemployment rate spewed continuously by the Otrauma regime?

Assuming the BLS projections for the labor force until 2020 are correct, what will the unemployment rate look like for the rest of the decade?

Background for this question comes from two prior posts.


Those posts show just how badly the BLS missed prior projections of the participation rate. Consider this chart of 2006 projections vs. 2012 projections from the second link above.