One the past year, the 'official' unemployment rate is up 0.1% to 9.7%, and the 'underemployment' rate is up 0.1% to 16.7%. This after the Dear President promised lower-than-8% unemployment. He PROMISED!
So, how's that stimulus working out for us? Isn't it about time for spending another trillion of our grandchildrens' money? This sure is one humm-dinger of a recovery, huh?
Mish brings the data.
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