ajtj99's Market Pulse

[porter]

<...he feels that after subtracting unemployable out of the 7.2 he sees a real number of about 4.5......which he doesn't view as critical.>

I'll let my use of the word "exaggerated" stand. If one believes that the "real" number is 4.5 and NOT 7.2 one might be led to believe that there is a bit of an "exaggeration" in that the spread is 60 percent between these two numbers.

I would venture that by 2112, if not sooner, he finds the unemployment rate to be "critical." It is an interesting choice of words, is it not? Perhaps it has to be at "critical mass" for it to be of a concern for him.