The real unemployment rate is more like 14%, the percentage of the population in the workforce has dropped to a 40 year low, and household wages are still falling meaning that people are taking jobs that pay less.
No doubt the stock market and consumer confidence will surge another 20%!! IT'S A RECOVERY!!11!!
Yeah, @2. The numbers of people exiting the workforce I've seen are in the neighborhood of 300,000/month (through job loss, retirement, disability, or whatever), so this isn't really very special.
No doubt the stock market and consumer confidence will surge another 20%!! IT'S A RECOVERY!!11!!
And how many of these jobs are minimum wage