The recent data on unemployment shows that despite an - TopicsExpress

The recent data on unemployment shows that despite an unprecedented federal intervention in the economy, the jobs just arent coming back: The number of women not in the labor force has risen to an all-time high. There was a loss of jobs in the 25-54 age group, And - in 20% of American families - no one works. Despite what you may have heard, the huge numbers of people dropping out of the labor force cant be attributed to retiring baby boomers. And with all this, the unemployment rate went down in April. Thats a neat statistical trick. Or maybe we should call it a lie.

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