The U.S. economy shed jobs in July, yet the unemployment rate improved — an unusual pairing that points to a worrying story unfolding behind the numbers for some economists.

That’s because even as the U.S. economy lost jobs, American workers left the labor market faster.

Mom’s basement might be the answer.

  • CaptDust@sh.itjust.works
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    1 month ago

    The simpler explanation is the Dept of Labor is cooking the numbers. They were installed to wallpaper over massive unemployment, and they’re getting the job done. Billionaire owned media is complacent and enabling this by continuing to trust their figures.