On Jan 12, 2011, at 1:56 PM, Doug Henwood wrote:
>
> So Jim McNeil, the Goldman Sachs economist who coined the term
> "BRICs," says the U.S. is going to surprise everyone this year by
> doing rather well. We'll see, won't we?
>
What is his guesstimate for the real unemployment rate, defined as LF
(population multiplied by historically normal [not peak not trough]
labor force participation rate) minus total full-time equivalent
employment and divided by LF, in the last quarter of 2011 compared to
the last quarter of 2010?
Shane Mage
"Thunderbolt steers all things." Herakleitos of Ephesos, fr. 64