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Friday, September 7, 2012

Forward: June, July Jobs Revised Down, Participation Level Plummets to 30-Year Low

Forward: June, July Jobs Revised Down, Participation Level Plummets to 30-Year Low: "The American Enterprise Institute's James Pethokoukis is deep-diving the numbers and Tweeting out analysis as he goes. According to Pethokoukis, if the labor participation rate was the same as when Obama took office, the unemployment rate would be 11.2% today. If the participation rate hadn't dropped just last month, the unemployment rate would've increased to 8.4% this month instead of dropping to 8.1%."

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