Real jobless rate for February is 14.3%

James Pethokoukis of the American Enterprise Institute throws some cold water on the release of the February unemployment numbers. Pethokoukis notes that the broader U-6 unemployment rate, which is a more accurate way of measuring the nation's work force, stands at 14.3% unemployment.

James Pethokoukis: To praise the February jobs report is to embrace the New Normal economy