5. The jobs picture is much worse than they're telling you.
Forget the "official" unemployment rate of 9.5%. Alternative measures? Try this: Just 61% of the adult population, age 20 or over, has any kind of job right now. That's the lowest since the early 1980s—when many women stayed at home through choice, driving the numbers down. Among men today, it's 66.9%. And many of those still working right now can only find part-time work, so just 59% of men age 20 or over currently have a full-time job.
This is bullish?
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