THE SINGLE CHART TO SHARE THAT TELLS THE TRUTH ABOUT UNEMPLOYMENT IN AMERICA

The media continues to lie about jobs numbers but we know better than that. Here’s a chart to share to anyone and everyone:

In what was an “unambiguously” unpleasant April jobs payrolls report, with a March revision dragging that month’s job gain to the lowest level since June of 2012, the fact that the number of Americans not in the labor force rose once again, this time to 93,194K from 93,175K, with the result being a participation rate of 69.45 or just above the lowest percentage since 1977, will merely catalyze even more upside to the so called “market” which continues to reflect nothing but central bank liquidity, and thus – the accelerating deterioration of the broader economy.

laborforceparticipationREAD MORE: ZERO HEDGE


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