The Traderszone Network

Published in TZ Latest News 4 May, 2014 by The TZ Newswire Staff

We Spent $3.2 Trillion… and Haven’t Put a DENT in REAL Unemployment

The financial media are gaga over the alleged great jobs numbers from last week.


We’ve been over this saga many times. The methodology for calculating jobs gains is not even close to accurate. The unemployment rate is now a marketing gimmick rather than an accurate economic metric.


Indeed, here are some staggering statistics that indicate just how messed up the US economy is right now.


·      The labor participation rate is the lowest since 1978.

·      There are over 90 million Americans without a job right now.

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