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Tag Archives: US unemployment rate

Yves Smith — Official Unemployment Is at 3.9%? Economist Robert Pollin Says It Is More Like 12%

Yves here. While quite a few economists have thrown cold water on the rosy message of the latest drop of the headline unemployment stat to below 4%, this Real News Network interview with Robert Pollin of PERI does the useful service of providing a more realistic estimate. Naked CapitalismOfficial Unemployment Is at 3.9%? Economist Robert Pollin Says It Is More Like 12% Yves Smith

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