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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (47299)	12/22/2021 10:46:10 AM
From: ajtj99	Read Replies (1) \| Respond to of 97575

U-6 is a pretty good tool to gauge the employment situation, don't you think?

To: Lee Lichterman III who wrote (47299)	12/22/2021 12:03:57 PM
From: Real Man	1 Recommendation Recommended By Lee Lichterman III Respond to of 97575

fred.stlouisfed.org Labor force data is a decent gauge of the real situation. All folks who drop off unemployment roll get into “not in labor force” category unless they get a job. It’s ugly, almost back to 1950s, the age of stay at home women, only a single income was sufficient back then. I have seen an account of that as shifting demographics, too many retired boomers. Not good though, and deflationary by itself. Fed is doing a great job turning falling prices into rising prices though. So now that they massaged unemployment data into fantasy category, the Fed is looking at labor force participation according to Fed minutes. Roflmao, maybe liar stats is not good for managing the economy after all.