In response to:

Mish Takes the Most Complete Look at Employment and Unemployment Anywhere

wbursch Wrote: Dec 09, 2012 8:41 AM
Is that not Racially motivated and meant to be a Racial slur ? 98Bravo, you Racist.

Initial Reaction

The establishment report of +146,000 jobs was about what most expected.

However, beneath the surface, this report looks grim.

The household survey shows a loss of 122,000 jobs. The unemployment rate dropped by .2% because the labor force fell by 350,000 and those "not in the labor force" rose by a whopping 542,000.

Thus, we are back to the previous 2012 pattern of witnessing unemployment rate drop largely because of a massive increase of those "not" in the labor force....

Related Tags: Unemployment