Business & Finance | Economy

This Chart Shows How Labor Force Dropouts Mask The Unemployment Rate

If you take labor force dropouts into account, the U.S. unemployment rate picture is a lot uglier than it appears.

Management learned long ago that they would destroy all value in a company if they ran it exclusively using a ratio like Return on Investment. Evaluating the health of the job market using a ratio like the unemployment rate absent those who gave up hope of finding a job is a similar mistake.

Politics | The American Experiment

Fewer US-Born Americans Have Jobs Now Than in 2007 | The Daily Caller

Almost half of new jobs added since 2010 have gone to migrants

Obama says he's for the middle class, which he might be. Just not the American citizen middle class. After all, he's a citizen of the world.

Politics | The American Experiment

The Big Lie: 5.6% Unemployment

Here's something that many Americans -- including some of the smartest and most educated among us -- don't know: The official unemployment rate, as reported by the U.S. Department of Labor, is extremely misleading.

Government statistics are manipulated to benefit politicians, in this case, Barack Obama. People don't "feel" like there has been a recovery because there hasn't been a recovery for them!

Business & Finance | Economy

Thanks Obamacare: This Is What Americans Spent The Most Money On In Q4 | Zero Hedge

If readers need clarification on what was the primary source of spending-based "growth" for the US economy in the fourth quarter, the same source that bumped up final Q3 GDP from 3.9% to 5.0%, please ping us: we will gladly explain the chart bel

The largest component increase in Q3 GDP was spending on healthcare!

Business & Finance | Economy

Don't Believe the Hype—We're Not Even Close to Full Employment | Boston Review

People sense the great divide between government hype on the economy and their reality. Here are some facts to put the economy in perspective.