Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Nine Million Unemployed Men

Market Insanity

Why are 12% of America’s Men Not Working?

If these figures are accurate nine million men in the United States are out of work. That’s a level of unemployment rivalling that of the Great Depression. Those numbers call the official US unemployment rate of 4.9% into serious question. Part of the reason why the “unemployment rate” is so low is that only unemployed people actively searching for work or receiving benefits are counted.

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