Friday, July 05, 2013

The real unemployment rate is 14.3%

James Pethokoukis of the American Enterprise Institute on Obama's inability to deal with unemployment: There are 28 million part-time workers in U.S. vs. 25 million before Great Recession. There are 116 million full-time workers in U.S. vs. 122 million before Great Recession. The U-6 rate (unemployed, discouraged, underemployed) surges to 14.3% from 13.8% in June.

June Jobs: An employment report only a central banker could love

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