Friday, April 3, 2015

Seven Years to Nowhere: Real Unemployment At 2008 Recession Levels

In Orwellian Newspeak, the official unemployment rate is 5.5%

According to the government, retiring in one's 20s is more popular than ever. 

"Early retirement" visualized
Employment Rate Ages 25-54



ZH: April 3rd, 2015
Seven years to nowhere:
The true rate (red) is finally down to Lehman levels which was the middle of the last recession.
"The U-6 rate fell in March to 10.9 percent, the first time it has been below 11 percent since Aug. 2008." (aka. the month before Lehman)

The publicized unemployment rate versus the true unemployment rate.