Nevertheless, should we call it a recovery? Are we really sure that the economy is growing once again?
There are some legitimate questions about the numbers. Is the unemployment number real? Are we really measuring employment levels given the participation rate?
I found this rather interesting: Real Jobless Rate Is 11.4% With Realistic Labor Force Participation Rate
Is the rate dropping because we are creating jobs or because we are fooling with the participation rate? I'm not trying to start "conspiracies" but it is a fair question.
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