The fake unemployment stats

You've likely seen them: The lowest rate in years. But what isn't reported in those numbers? See this from Forbes, no liberal mouthpiece. The bullet points follow so see the article for details. Bottom line: The economy still sucks for most of us and we know it. The fake unemployment numbers don't change that reality.

1. Falling labor force participation is hiding a much higher unemployment number.

2. Wages are stagnant, so having a job isn’t what it used to be.

3. Lower growth rates than we used to associate with expansions.

4. Debt levels are still very high.