Quote:
Originally Posted by ZeroJunk
Good Lord, if the job participation rate was 66% like it has been historically the unemployment rate would be much higher. If people leave the work force the unemployment rate goes down.
If that is too complicated no wonder you are a lefty.
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You said 'actual increase jobs.' You didn't say 'actual increase in employment rate.' There has definitely been a big actual increase in jobs. Millions and millions.
Participation rate is indeed a factor that affects unemployment rate, but you flubbed up the argument. Brilliant as we lefties are, we easily see your point, and your mistake. Admit your mistake if you aren't too weak in comprehension to see it.