Im not buying the drop in the UE rate as legit I looked at the change in people on disability from August 1st to september 1st
2008 ... -64K
2009 ... -23K
2010 ... +335K
2011 ... -76K
2012 ... +585K
Think the economists at department of labor factored that in seasonal
adjustments? ... what a way to get a lot people out the work force (and
not counted as UE)
http://research.stlouisfed.org/fred2/data/LNU00074597.txt

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