Tuesday, January 19, 2010

The real unemployment rate - it isn't pretty

The Douglas County unemployment rate is high, 14.9% according to the November report. I have contended it is higher than that due to the way unemployment and underemployment is counted, or not. Here is an interesting column by George Will in Newsweek where he makes the case that the national rate at 10% is under-reported and would more accurately be counted at more than 17%.

You decided. Whatever your answer the rate is too high.

[Via http://nrmarketwatch.com]

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