Posts tagged 'unemployment rate'

January 28, 2009
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Unemployment Nearing 20 Percent If You Count Everyone

Okay, forget the official figure of 7.2 percent that the media quote for U.S. unemployment. As the accompanying graphic from Shadow Stats shows, what the media report is called the U3 unemployment rate--the officially unemployed shown on the bottom red line. When you add in "discouraged" and "marginally attached" workers, you get the middle line on the graph, which is trending toward 14 percen...