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Unemployment Rate 16.5%, 22%, or. . .? College Grads Serving Fries

 
Anonymous Coward
User ID: 1034265
United States
07/18/2010 01:58 AM
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Unemployment Rate 16.5%, 22%, or. . .? College Grads Serving Fries
According to the Pew Research Center, a large number of people are out of jobs for a longer period during this economic downturn. The typical unemployed worker today has been out of work for nearly six months. That's almost double the previous post-World War II peak for this measure, which was 12.3 weeks in 1982-83.

Indeed, if all of the truly unemployed were counted, the rate would be significantly higher. The BLS, in a data point titled "U-6," says it counted the total unemployment rate in June at 16.5%.

[link to www.dailyfinance.com]
Anonymous Coward
User ID: 1038358
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07/18/2010 08:51 PM
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Re: Unemployment Rate 16.5%, 22%, or. . .? College Grads Serving Fries
Good article, yea this country is in big trouble.

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