Friday, May 4, 2012

FED can no longer track unemployed since data broke through chart ceilings

The system is now officially broken, as the chart parameters created by the Federal Reserve to measure those unemployed have been breached, and no longer represent the true number of Americans out of work.

The newly announced number of 88,419,000 Americans not counted as being employed, or having a job is greater than the upper range chart the St Lous Federal Reserve bank uses to measure this statistic.


NOTE... the chart only reaches 88,000,000, and can no longer reflect increases to the data.

Thus, unemployment in America is now on full tilt, as the machine is broken, and the Fed has proven it doesn't have the key, nor the processes to fix the US job problems.

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