pretend that this is NOT abnormal...!
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While we usually post CR's charts fit to this blog
these two "beginning" chart NEED to be seen as they are.
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Bill@ CR was one of the first to point out that the "Participation Rate" had severely shrunk.
This 1st chart is his new view of unemployment seen through the prism of Participation.
Great work, once again.
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The 2nd chart is his unique view of how bad this really is.
Only Ms C at Economix-NYT regularly shows U.S. this absolute disaster.
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Enjoy, you Devil, you.
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CR =
August Employment Report: 0 Jobs (unchanged), 9.1% Unemployment Rate
http://www.calculatedriskblog.com/2011/09/august-employment-report-0-jobs.html
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