The Truth Behind the Strong Job Market Hype – Ep 832
The Peter Schiff Show Podcast
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The Unemployment Rate Is Six Point Seven %
The unemployment rate is manipulated with substitution and hedonics. The u six on employment rate is six point seven %. That is not a low rate. And if the u six number included the long term discouraged workers, it would easily be over ten%. We have to bear that in mind when we talk about the official unemployment rate.
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