While unemployment has fallen nearly a full percentage point, just 407,000 payroll jobs have been created — a mere 0.3% rise.
How can that be? Maybe it's because the real jobless rate — which includes those unemployed Americans so discouraged they've stopped looking — is higher than 8.9%. Much higher.http://www.investors.com/NewsAndAnalysis/ArticlePrint.aspx?id=566770&p=1
By TERRY JONES -- INVESTOR'S BUSINESS DAILY
Updated: Tue, Mar 29th 2011 @ 4:19pm EDT