Tag Archives: civilian labor force participation rate

8.6% Unemployment is NOT Good News

To read the first paragraph of the Bureau of Labor statistics one might think that the jobs situation in the United States has improved significantly. The unemployment rate fell by 0.4 percentage point to 8.6 percent in November, and nonfarm payroll employment rose by 120,000, the U.S. Bureau of Labor Statistics reported today. Employment continued… Read More »