So what does the unemployment rate picture look like if you take into account all of the labor force dropouts since the end of the recession in June of 2009? Not pretty. If you take those labor force dropouts into account, the U.S. does not have an unemployment rate of 5.5 percent. Instead, it has a likely unemployment rate of 9.6 percent, and that’s hardly good news.
c/o AOSHQ ONT
