---------- Forwarded message ----------
From: Dante-Gabryell Monson <dante.monson@gmail.com>
Date: Sun, Jan 26, 2014 at 10:15 AM
Subject: Economy ? Reading in between the lines ? ( hocus pocus bogus ? )
To: "econowmix@googlegroups.com" <econowmix@googlegroups.com>, "op-n-m@googlegroups.com" <op-n-m@googlegroups.com>
Cc: Michel Bauwens <michelsub2004@gmail.com>, Kevin Carson <free.market.anticapitalist@gmail.com>

US : " Those not in the labor force will soon equal the number of people with full-time jobs "

http://www.oftwominds.com/blogjan14/bogus-stats1-14.html

Here's the unemployment rate. If the downtrend continues (and it will, as long as the participation rate keeps going down), the unemployment rate will soon be 3%, regardless of how many people have full-time jobs they can live on.

The participation rate (percentage of the population in the labor force) will soon be at levels last seen when the typical household only had one employed adult:

Those not in the labor force will soon equal the number of people with full-time jobs (around 115 million):

This is what happens when the Status Quo is incapable of reforming itself or recognizing reality: propaganda and bogus statistics are substituted for actual solutions. 

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