Explaining Yesterday’s Seasonally Adjusted Nonfarm Payroll “Beat” | ZeroHedge

… the end result is that in January, those “not in the labor force” did in fact rise by 1.2 million whether compared to December or to 2011 – please, go ahead and check as many times as needed, and the labor force participation rate dropped to a new 30 year low of 63.7%, a number which incidentally only has to drop by 5% more percent for the BLS to report zero, or even a negative, unemployment rate.

via ZeroHedge.

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