Friday, November 6, 2009

Official unemployment at 10.2%, actually 17.5%

Voltron says: The larger number includes "discouraged" workers and people
forced to work part-time. Highest since 1983. The DOW is back above
10,000.

http://www.forbes.com/2009/11/06/bailout-unemployment-jobs-saved-lost-opinio
ns-contributors-newt-gingrich-vince-haley.html

http://blogs.wsj.com/economics/2009/11/06/broader-unemployment-rate-hits-175
/

1 comment:

Anonymous said...

Oh about those "saved jobs"

http://online.wsj.com/article/SB125729438785426663.html

I don't really care that much if the numbers are off by 20,000 but I do think it's interesting that each of those saved jobs costs $250B spent so far / 640K jobs = $390K /per job.

Great job Gov't. Where can I sign up for one of your jobs.

Daniel