Civilian Employment to Population Ratio Lowest Since Carter / Early Reagan … And Flat-lined! Employment Misery Index Increasing!


Civilian Employment to Population Ratio Lowest Since Carter / Early Reagan … And Flat-lined! Employment Misery Index Increasing!

Confounded Interest

January 6, 2012

Reuters, like many media outlets, had a tantalizing headline: “Unemployment near three-year low.” They even have a photo of a house being built, implying that the economy is recovering, unemployment is declining rapidly and new homes will be built in droves.

As someone who writes about the housing and mortgage markets, let’s look more closely at that headline.

The Civilian Unemployment Rate is at 8.5% and the prior low point during the last three years was in February/March of 2009. Thus, the Reuters headline is accurate.

Click Here to Read More

Advertisements

About partisanrangershow

Freedom fighter
This entry was posted in Economics. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s