Well, the BLS reported earlier today that the unemployment rate for November is currently at 7% (U3), which is down from the October rate of 7.3% (U3). Does anyone really believe that 7% rate besides Wall Street? Simply look at the following chart, which is provided by "ShadowStats,"for what the true unemployment rate happens to be in this country. No, the rate is not 7%, nor 12.5% (U6) but closer to 24% (Solid Blue Line)!
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