2009-12-01: Thank you all for visiting and commenting on this post. Some of you touched on the issues that are behind these disturbing unemployment numbers and you are all correct. We have a government more inclined to bailout crooked corporations than helping the citizenry with job creation and debt management. The taxpayer, through the Federal Reserve, [...]
Continue reading about The “Real” unemployment rate in the US is now 22%
Mike: This was a busy week for layoff and unemployment reports. The important numbers came from the BLS and they showed that nonfarm payroll employment fell sharply (-533,000) in November, and the unemployment rate rose from 6.5 to 6.7 percent. While these numbers are bad enough, they somewhat hide the true unemployment numbers, which are [...]
Continue reading about The Real Layoff Numbers – Weekend Update
