The REAL unemployment rate. The U6 rate.

[roamer65]

https://www.bls.gov/news.release/empsit.t15.htm

The current U6 is 21.2 percent.

[shenmue]

1. 21.2. Oh God.

[roamer65]

3. Being underemployed is just as bad as being unemployed.

21.2 is more accurate.

[ProfessorGAC]

5. Per This Chart...

...it was never that high in BHO's 8 years! Never exceeded 17.1%, in 2009 when he inherited the worst recession ever, that didn't become a depression.
Another thing to promote since PINO's taking a victory lap!
On Edit: forgot to paste the link.

https://www.macrotrends.net/1377/u6-unemployment-rate

[roamer65]

6. It was fairly low in January 2017.

That’s the benchmark to compare against.

[ProfessorGAC]

7. Yeah, Right!

IOW, the number Obama left him with.
Good one!

[uponit7771]

11. +1, it took us two years to get to 10% unemployment in 08

[ProfessorGAC]

12. Spot On!

But, the conditions here are different.
As either treatment or vaccines become available, business and jobs will pick up unusually fast.
But, I think the floor is higher because many businesses, especially restaurants, may never reopen.
Eventually someone buys it & reopens, but that could be several years.
So, the floor is unlikely to be 3 or 4%. Might not go below 6 or 7 for a long time.

[smirkymonkey]

2. K&R

[Locutusofborg]

4. The Republicans only wanted to use the U-6

when Obama was president. What goes around, comes around!

[GusFring]

8. Now there's a term I haven't heard since a democrat was in office

[dalton99a]

9. Kick

[crickets]

10. Good catch. K&R

[Wounded Bear]

13. K & R...nt