But the American number is not to be trusted. We just ignore those who are unemployed and have given up looking (meaning their unemployment benefits - now at 99 months - ran out and they remain unemployed and have given up). The real unemployment rate (according to Bureau of Labor Statistics) is 10.7%) See:
But the American number is not to be trusted. We just ignore those who are unemployed and have given up looking (meaning their unemployment benefits - now at 99 months - ran out and they remain unemployed and have given up). The real unemployment rate (according to Bureau of Labor Statistics) is 10.7%) See:
ReplyDeletehttp://www.bls.gov/news.release/empsit.t15.htm
Oops, sorry, that should be 9.8% for Dec. 2012
ReplyDeleteCrap! I mean "Dec. 2011" I'm all stubby fingered and foggy brained.
ReplyDeleteI know some places are reporting as high as 19%.
ReplyDeleteI'm sure the Canadian numbers are higher too. Even if it isn't, we're not as a productive.
Should add that Quebec has "been there, done that and still doing it..."
ReplyDelete