Unemployment At 11.8%
Posted on July 2nd, 2010 by MoverMike

Zero Hedge’s Tyler Durdan says not so fast. An unemployment rate of 9.5% might look good, but consider the “… 10 Year Average Labor Force Participation Rate Implies 11.8% Unemployment Rate!”
Then read why Andy Grove thinks we have a BIG systemic problem in America with employment.




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