America's 'Real' Labor Market Exposed In 1 Simple Chart

Unemployment rate plunging? Job creation surging? Sure doesn't feel like that across America... this is why...

 

Structural Unemployment!!

 

So now you know why The Fed is ignoring all the headline data... they see the rot below the Shangri-La surface that panglossian prats on CNBC spew every day.

 

h/t @Not_Jim_Cramer