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Unemployment Stands at 17.5% 
  #1  
Old 11-07-2009, 07:19 AM
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November 7, 2009
Broader Measure of Unemployment Stands at 17.5%

By DAVID LEONHARDT
For all the pain caused by the Great Recession, the job market still was not in as bad shape as it had been during the depths of the early 1980s recession — until now.
With the release of the jobs report on Friday, the broadest measure of unemployment and underemployment tracked by the Labor Department has reached its highest level in decades. If statistics went back so far, the measure would almost certainly be at its highest level since the Great Depression.
In all, more than one out of every six workers — 17.5 percent — were unemployed or underemployed in October. The previous recorded high was 17.1 percent, in December 1982.
Broader Measure of Unemployment Stands at 17.5% - NYTimes.com
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Re: Unemployment Stands at 17.5% 
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Old 11-07-2009, 07:55 AM
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Good thing the stimulus package helped............?
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Re: Unemployment Stands at 17.5% 
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Old 11-07-2009, 08:02 AM
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It is all Bush's fault.
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Exclamation Re: Unemployment Stands at 17.5% 
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Old 11-07-2009, 08:05 AM
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Intellectually Stimulated


 
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No worries, they're working on another Stimulus.
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Re: Unemployment Stands at 17.5% 
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Old 11-07-2009, 08:11 AM
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Quote:
Originally Posted by M.Opaliski View Post
No worries, they're working on another Stimulus.
I hope so. I hope they give more money to Goldman Sachs
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Re: Unemployment Stands at 17.5% 
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Old 11-07-2009, 01:37 PM
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Here's the change most of you all voted for.
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