Friday, the Labor Department is expected to report the economy added 235,000 jobs in July, and the unemployment rate remained steady at 6.1 percent, but that hardly tells the story.

The jobless rate may be down from its recession peak of 10 percent, but much of this results from adults, discouraged by the lack of decent job openings, having quit altogether. They are neither employed nor looking for work.

Only about half of the drop in the adult participation rate may be attributed to the Baby Boom generation reaching retirement age. Lacking adequate resources to retire, a larger percentage of adults over 65 are working than before the recession.

SNIP-

Read more:http://www.breitbart.com/Big-Government/...east-18-Percent

I'm a paralegal and prepare bankruptcies and divorces. It's AT LEAST 18%. People have simply learned to make do, working under the table, bartering, combining incomes and households, etc. The number of people who have been reduced to living in their cars or rotating on friends' couches is higher than I have seen in 17 years of business.

Plus the amount who have simply given up is staggering.

Of course anyone with eyes, ears, a brain knows this already. Since even the LIVs are finally getting it, prepare for some bigtime election fraud in November, the likes of which we have never seen.

This is good news. It usually feels like 30% ump going on out there.