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| “Official” Unemployment Level |
All time high number of people leaving labor force 88 million. As Zero Hedge points out, they’re not all retirees.
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| Persons NOT in Labor Force |
From Zero Hedge: Also, one of the most interesting charts I’ve come across (via IceCap Asset Management), shows the total number of Americans who have a job, in any capacity. This number has now dipped below 64%, and even if the Bernank buys all the bad debt in the world it will have difficulty correcting this trend.
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| Decline in Americans With Jobs |
Tell ’em where you saw it. Http://www.victoriataft.com