All you need to know about today’s NFP Report: U-6 Not Seasonally Adjusted SURGES higher 0.8%

 

by John Galt
July 6, 2012 08:50 ET

 

The chart below is all you need to know about today’s report. Non-seasonally adjusted U-6 surged from 14.3% in May to 15.1% in June. Add that in with the total lack of job creation and the second wave of the “Great” recession appears to be right over the horizon.

 

 

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