What Is the Real Unemployment Rate?

The civilian labor force dropped by a seasonally adjusted 720,000 in October. The BLS says that the government furloughs did not influence that decline. In the 57 months since Barack Obama took office, the labor force has grownby only 607,000 — an average of less than 11,000 per month. Meanwhile, the adult population has grown by 11.642 million.

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