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Unemployment: 10.2% or 17.5%?

Posted in Main Blog (All Posts) on November 8th, 2009 5:37 am by HL

Unemployment: 10.2% or 17.5%?
Excerpt: According to a jobs report released in Friday by the Bureau of Labor Statistics, the official unemployment rate in the U.S. in Oct. 2009 is 10.2%. A broader measure that takes into account workers that have given up job seeking or are underemployed puts it at 17.5%. The unemployment rate calculates only the amount of workers […]

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