April 6, 2010

UNEMPLOYMENT: “However, the real unemployment rate, even by the standards of the Bureau of Labor Statistics, is much higher. The U-6 unemployment number, as the real data is called, is at 17.5%, within 0.5% of its all-time high. This figure includes discouraged workers who’ve stopped looking, marginally attached workers, and workers that are forced to work part-time because full-time jobs are not available.”

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