Commodity Trade Mantra

Posts Tagged ‘US Employment Data’

All You Need To Know About The US Economy: True Unemployment Is Over 12%

How can an economy that is growing so slowly produce such big declines in unemployment? Something about the U.S. economy isn’t adding up. Either the unemployment data or the GDP calculation is very much wrong. Last week’s failure by the Fed to hike rates is a direct confirmation that nothing with the US economy is as strong as the 5.1% unemployment rate suggests.

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