KY Unemployment at 10%.

[BamaFanNKy]

http://www.kentucky.com/2010/07/16/1350779/ky-unemployment-rate-drops-to.html

[specsaregood]

http://www.kentucky.com/2010/07/16/1350779/ky-unemployment-rate-drops-to.html

I love the headline:
Ky. unemployment rate drops to 10%
Followed immediately by the punchline....
but decrease driven by discouraged job-seekers



"The decrease ... is driven by a decline in the civilian labor force," said Justine Detzel, chief labor market analyst for the state Office of Employment and Training. "Individuals who have faced long-term unemployment are becoming discouraged and dropping out of the labor force."

[sailingaway]

Yeah, Ron spoke about these massaged definitions at the joint economic committee

http://www.ronpaul.com/2010-07-15/ron-paul-the-people-can-handle-the-truth-about-unemployment-and-inflation/