muses of the moment

April 8, 2013

John Williams from shadowstats.com

Filed under: The Federal Reserve, The Financial Crisis, Unemployment — Tags: — totallygroovygirlfriday @ 11:23 am

John Williams offers the real stats on unemployment. You pay for the detail, well worth the money, but here is the punch line:

– March Unemployment and Employment Counts Both Dropped by 200K-Plus,
Signaling Intensifying Economic Contraction
March Unemployment: 7.6% (U.3), 13.8% (U.6), 22.9% (ShadowStats)
– M3 Continues to Slow as Monetary Base Pushes to Record $3.0 Trillion
– February Trade Deficit and Construction Suggestive of Continuing Economic Stagnation

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