Capitolism

Independent in All Things, Neutral in Nothing

Real Unemployment Picture

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Many will no doubt cheer the unexpected drop in U.S. unemployment. That story, however, is largely bogus. The real story continues to be the extremely high ‘total’ unemployed and underemployed percentage. That number stands at 17% and has not dropped in several months. In short, the true employment sitaution remains rough out there.

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Written by Russell S.

February 5, 2010 at 2:33 pm

Posted in Economics, Hiring

Tagged with ,

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