KEY BIT ON THE UNEMPLOYMENT NUMBERS: “If the the labor force participation rate were back at its January 2009 level, the U-3 rate would be 11.0 percent. As it is, the broader U-6 rate — which includes part timers who wish they were full timers — is still a sky-high 15.6 percent, down from 16.2 percent last month.”
InstaPundit is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.