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To: cake_crumb
Millions of people exhausted their UC benefits in December and are conveniently no longer counted as “unemployed” by the regime.

Hands down, no contest, the single most persistent economic myth on FR.

93 posted on 01/07/2012 6:53:46 AM PST by 1rudeboy
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To: 1rudeboy

The labor force is shrinking, that is a fact. Many older people unemployed in their 50’s, 60’s and early 70’s, who would normally keep working, are giving up. This is fact, they are going from unemployment to SS.


94 posted on 01/07/2012 6:59:56 AM PST by central_va ( I won't be reconstructed and I do not give a damn.)
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