U6 January 2009 - 13.5% - we already HAVE double digit unemployment

Phred42

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Fri Jan-09-09 11:51 AM
Original message

U6 January 2009 - 13.5% - we already HAVE double digit unemployment

Edited on Fri Jan-09-09 11:54 AM by Phred42

Can we stop regurgitating the MSM's propaganda and U3 as 'the unemployment figure' ?

As most here know the U6 is the more accurate figure - we should use it.
http://www.bls.gov/news.release/empsit.t12.htm

Unemployment is 13.5% as of January 2009.
We have HAD double digit unemployment since early last year.

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angryfirelord

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Fri Jan-09-09 11:56 AM
Response to Original message

1. Exactly

Edited on Fri Jan-09-09 11:56 AM by angryfirelord

The note says it all. It's going to be rough for everybody in the next few years.

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