Shrinkage… What Rick Santelli Sees in Today’s Jobs Numbers (Video)

by Jim Hoft February 3, 2012

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CNBC contributor Rick Santelli discussed the real jobless numbers from today’s labor department report.
Unlike his media counterparts Santelli reported on the 1.2 million people who dropped out of the labor force in one month. A new Obama record.

The labor participation rate has not been this low since 1983.

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