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View Full Version : Us unemployment up again



REDSOX
4th September 2009, 15:33
US UNEMPLOYMENT ROSE AGAIN BY 212-000 AND THE PREVIOUS MONTHS LOSSES FOR JUNE AND JULY WERE REVISED UPWARDS. THE SHOCKING STATISTICS IN THE US BUREAU FOR LABOUR STATISTICS SHOW THAT A QUARTER OF US TEENAGERS ARE UNEMPLOYED AT 25.5%, AFRICAN AMERICAN UNEMPLOYMENT IS AT 15.1% AND LATINOS AT 13% AND THESE ARE THE OFFICIAL FIGURES WHICH ONLY COUNT THOSE WHO ARE REGISTERED AND AVAILABLE FOR WORK. THE OFFICIAL RATE OF UNEMPLOYMENT IS 9.7% IN REALITY IF YOU INCLUDE THOSE WHO HAVE DROPPED OUT OF THE JOB MARKET AND ARE NOT REGISTERED TO WORK THEN THE RATE IS ABOUT 13%. A GREAT RECESSION INDEED!!!!!!!!

FOR MORE INFO CHECK OUT www.bls.gov/news.release/empsit.nr0.htm (http://www.bls.gov/news.release/empsit.nr0.htm)

KC
4th September 2009, 15:50
For more info this link (ftp://ftp.bls.gov/pub/suppl/empsit.cpseea1.txt) is probably more helpful and easier to understand for most people.

It looks like the unemployment rate hasn't been higher than this since 1940, when it was at 14.6% (http://www.infoplease.com/ipa/A0104719.html).