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Here's The Disturbing Unemployment Rate Chart That Continues To Have Everyone Worried



To the untrained eye, there was one seemingly bullish nugget in today's otherwise lackluster December jobs report — the unemployment rate dropped to 6.7%.

That's the first time we've seen the unemployment rate under 7% since November 2008, when the U.S. was in the throes of a financial crisis that would cripple the economy. 

Good news, right?


As we've explained before, the unemployment rate has ticked down recently thanks to the decreasing labor force participation rate, not an overwhelming boost in jobs. 

Economists have a few different explanations for the phenomenon, but the two competing theories have to do with aging versus a crappy economy.

Americans are getting older and retiring out of the work force, which naturally decreases labor force participation. 

When a bunch of people leave the labor market, the unemployment rate drops, making it a pretty silly indicator for the health of the labor market. 

As Wonkblog's Brad Plumer noted in November, economists disagree on how much the graying population is tampering with the rate drop — somewhere between one fourth and a lot.

Take a look at this Reuters chart via Twitter user/trader Reinman_MT

When you combine the unemployment rate with the 30 year average labor force participation rate, it shows a vastly worse employment situation (10.8% unemployment!). 

It's not age-adjusted, so we can't tell how much has to do with demographics versus the economy. 

It's still a sobering chart for anyone getting too jazzed about the recovery.

Check it out:

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While "Flavor" is very subjective, and each country that grows mangoes is very nationalistic, these are the mango varieties that are the most sought after around the world because of sweetnesss (Brix) and demand.

The Chaunsa has a Brix rating in the 22 degree level which is unheard of!
Carabao claims to be the sweetest mango in the world and was able to register this in the Guiness book of world records.
Perhaps it is time for a GLOBAL taste test ???

In alphabetical order by Country....



Alphonso (mango)
From Wikipedia, the free encyclopedia

Alphonso (हापुस Haapoos in Marathi, હાફુસ in Gujarati, ಆಪೂಸ್ Aapoos in Kannada) is a mango cultivar that is considered by many[who?] to be one of the best in terms of sweetness, richness and flavor. 

It has considerable shelf life of a week after it is ripe making it exportable. 

It is also one of the most expensive kinds of mango and is grown mainly in Kokan region of western India.

 It is in season April through May and the fruit wei…

INDIA 2016 : Mango production in state likely to take a hit this year

TNN | May 22, 2016, 12.32 PM IST

Mangaluru: Vagaries of nature is expected to take a toll on the production of King of Fruits - Mango - in Karnataka this year. A combination of failure of pre-monsoon showers at the flowering and growth stage and spike in temperature in mango growing belt of the state is expected to limit the total production of mango to an estimated 12 lakh tonnes in the current season as against 14 lakh tonnes in the last calendar year.

However, the good news for fruit lovers is that this could see price of mangoes across varieties decrease marginally by 2-3%. This is mainly on account of 'import' of the fruit from other mango-growing states in India, said M Kamalakshi Rajanna, chairperson, Karnataka State Mango Development and Marketing Corporation Ltd.

Karnataka is the third largest mango-growing state in India after Uttar Pradesh and Maharashtra.

Inaugurating a two-day Vasanthotsava organized by Shivarama Karantha Pilikula Nisargadhama and the Corporation at P…

Mangoes date back 65 million years according to research ...

Experts at the Birbal Sahni Institute of Palaeobotany (BSIP) here have traced the origin of mango to the hills of Meghalaya, India from a 65 million year-old fossil of a mango leaf. 

The earlier fossil records of mango (Mangifera indica) from the Northeast and elsewhere were 25 to 30 million years old. The 'carbonized leaf fossil' from Damalgiri area of Meghalaya hills, believed to be a mango tree from the peninsular India, was found by Dr R. C. Mehrotra, senior scientist, BSIP and his colleagues. 

After careful analysis of the fossil of the mango leaf and leaves of modern plants, the BISP scientist found many of the fossil leaf characters to be similar to mangifera.

An extensive study of the anatomy and morphology of several modern-day species of the genus mangifera with the fossil samples had reinforced the concept that its centre of origin is Northeast India, from where it spread into neighbouring areas, says Dr. Mehrotra. 

The genus is believed to have disseminated into neighb…