Friday, December 27, 2013 7:03:11 AM
SmagBoy1-"Our unemployment is lower than it's been in six years"
Only because of the way they count `unemployment`.
Try paying attention to the US Labor Force Participation Rate. 6 years ago it was 66%. Now it`s 63%. (Nov 2007 & Nov 2013 numbers from Bureau of Labor Statistics. December 2013 numbers are not out yet)
Now, that -3% represents ~14,797,800 FEWER employed now than in 2007.
Friday, December 27, 2013 4:20:23 AM
Our unemployment is lower than it's been in six years, the economy is stronger, real estate, manufacturing are all up to pre-crash levels in most major markets and there`ve been record profits for six quarters running. The only people saying the economy sucks now? Republicans.