[P2P-F] Fwd: Economy ? Reading in between the lines ? ( hocus pocus bogus ? )

[Michel Bauwens]

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