A decline of 4%? That’s it? I would have thought it was much more worse than that.
Always be suspect of BLS data and the intercept points they select. There’s almost always a reason why they select the vertical intercept. Go back to the late 1990’s and it was over 67% for all groups. Breaking it out by age is even more interesting.
http://www.bls.gov/mlr/1999/12/art1full.pdf
There's one too many letters there.
This jive punk ass magic negro of ours is a mookabooking LIAR.
Ping
Anyone who shops knows we’ve been lied to about inflation and anyone who pays attention knows that they really cooked the books on how they figure both inflation and unemployment to make them both “look good on paper”.
Many shifted to SSDI as depressed, a bad back, mental health issues, anything to get that cash coming in with Medicaid and utility discounts.
Others are working under the table, following the example of illegal immigrants to join the informal economy.
Why the Informal Economy is Rising in America
http://hubpages.com/politics/Why-the-Informal-Economy-is-Rising-in-America