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Reply #28: Unemployment wise, we are probably worse off than in 1983 if we honestly examine unemployment. [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
Selatius Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 08:51 PM
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28. Unemployment wise, we are probably worse off than in 1983 if we honestly examine unemployment.
Personally, I follow U-6 unemployment numbers, not the U-3 numbers the government reports.

U-6 unemployment number is about to breach the 16% threshold pretty soon, likely within the next couple of months if things do not swiftly change.
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