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To: Wyatt's Torch
I should have been more specific - I meant "Em"-ployment rate has been Carteresque for five years.

From the BLS:

.

Yes, the total number of employed persons has increased, but so has the population.

61 posted on 03/11/2014 12:08:47 PM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: DuncanWaring
Well actually it's pretty average. The average unemployment rate from 1976 through now is 6.5%. Currently it's slightly above that at 6.7%.

Now, that's U3 which I'm not a fan of. U6 is a much better measure. Still quite high but it's at it's lowest since 2008.

As I've said numerous times; this is a very slow, sub-optimal recovery. It certainly could be a whole heck of a lot better if the government would get the hell out of the way. That goes for both sides of the aisle who are equally worthless.

63 posted on 03/11/2014 1:10:02 PM PDT by Wyatt's Torch
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