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.
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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.