News talk 2014-01-23: Unemployment 37%

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January

23

2014

Held over

Actual U.S. unemployment rate may be 37 percent
Washington Examiner ↑

Mike Caro says:

There is only one major measurement of unemployment. It’s how much of the available workforce isn’t employed. Every other index has the potential to fog and distort. And, in fact, those other measurements are often used precisely for that purpose.

You’ve read that the unemployment rate has fallen to 6.7 percent. It hasn’t. — MC

Published by

Mike Caro

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Known as the “Mad Genius of Poker,” Mike Caro is generally regarded as today's foremost authority on poker strategy, psychology, and statistics. He is the founder of Mike Caro University of Poker, Gaming, and Life Strategy (MCU). See full bio → HERE.

 

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