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Links to read 1/9/14

by on January 9, 2014

This is a good sign that Americans are getting sick of both parties.  Independents on the rise.

“.Meanwhile, Republican identification fell to 25%, the lowest over that time span. At 31%, Democratic identification is unchanged from the last four years but down from 36% in 2008.”

http://www.gallup.com/poll/166763/record-high-americans-identify-independents.aspx

Labor Participation Rate is driving unemployment rate down.

“Sure, companies have been creating jobs since the Great Recession, but only at the growth rate of the working-age population, as evidenced by the BLS’s dreary employment-population ratio. It peaked in April 2000 at 64.7%, crashed during the Great Recession, and has been skittering along the bottom ever since. At 58.6%, it’s lower than it was during most of 2009! And the 30% improvement in the official unemployment rate – where the heck did that come from? The chart has the answer: people 54 and younger being statistically purged from the labor force. ”

http://www.nakedcapitalism.com/2014/01/wolf-richter-chart-true-representation-employment-crisis-country.html

One if five homeowners are underwater.

http://www.housingwire.com/articles/28524-in-5-homeowners-drowning

 

 

 

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