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Friday, September 7, 2012

''Real Unemployment Rate Hits 11.7% As Spread Between Reported And Propaganda Data Hits Record''

From ZeroHedge

''Today's reported unemployment rate: 8.1%. The reason: the labor "participation" dropped to a 31 year low 63.5% as reported earlier. Of course, this number is pure propaganda, and makes no sense for one simple reason: despite the economic collapse started in December 2007, the US civilian non-institutional population since then has grown by 186,000 people every month on average hitting an all time high of 243,566,000 in August.''

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