Friday, March 4, 2011

Is the Unemployment Rate Better or Worse?

The federal government says the unemployment rate has fallen to 8.9%. They reached this result primarily by redefining a lot of unemployed folks as no longer in the labor force.

Meanwhile, Gallup says the unemployment rate has risen to 10.3%.

Whose figures should you believe? To answer that, consider this: Who stands to benefit by "cooking the books"?


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