Hold your applause for the recovery

For my 600th post, unfortunately, some sobering news. All around us, we’ve been hearing about how things are picking up, more people are working, etc.

I give you the latest Gallup employment survey – Flatlining. Note the lines from February of 2010 (larger graf) or January, 2010 (smaller one below it) to April, 2011, are running more or less flat, as is the line for underemployment (19.4 percent!!).

This is not a recovery.



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