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(CHART) Unemployment Drops to 7.7% … But Why?

Per Zero Hedge:

Confused why the unemployment rate dropped? The same, favorite BLS adjustment – a drop in the labor force participation rate which declined by 0.2% to 63.6% once again, as the number of people out of the labor increased by over 540K to 88,883,000. [Link]




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One Comment

  1. smo

    December 25, 2012 at 11:05 am

    The unemployment numbers are "interpreted" for us as if were idiots, just give us the numbers and let us decide!