Stig Östlund

onsdag, februari 16, 2011

Unemployment Rate Has Become a Bad Joke

NEW YORK (CNBC) -- The national unemployment rate is becoming an increasingly meaningless statistic when it comes to painting a true picture of economic and job growth.


the December drop from 9.4 percent to 9.0 percent might have looked nice on paper, digging through the real numbers shows the actual jobs picture hasn't improved at all.

In fact, the situation is at best stagnating, despite headline numbers that make it appear things are getting better.

THE STREET

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