Tuesday, February 09, 2021

What is the Real Situation regarding Unemployment?

Finally! An interesting chart about the unemployment situation from the most important point of view, i.e. labor force participation rate. Of course, we might need to examine what they’re using as “labor force,” but this is the first time I’ve seen this so well illustrated. 

And who knew it was highest under Clinton and was only beginning to improve under Trump. In other words, it still had a long way to go. That was news to me.

Source: AIER via InflationData


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