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Re:U.S. job losses soar, jobless rate at 14-year high by kqr2 on Friday November 07, 2008 @05:49PM (#357196)
The actual unemployment rate in America is higher because we stop counting people after their unemployment insurance runs out.
Re:U.S. job losses soar, jobless rate at 14-year high by nradov on Friday November 07, 2008 @09:30PM (#357390)
Re:U.S. job losses soar, jobless rate at 14-year high by steveplace on Saturday November 08, 2008 @08:48AM (#357547)
Two numbers in the unemployment report: U3 and U6. U3 is lower and the one looked after in the media. U6 is much more harrowing and much more accurate.