U.S. Unemployment: From Bad to Worse
The Unemployment rate in the U.S. reached 10.2% in October 2009. This number already looks bad for a country struggling to get out of recession, but a deeper look into the unemployment numbers in the U.S. suggest that things are much worse then what they seem to be already. The table below gives the duration of unemployment on an annual basis and monthly basis for the U.S. Duration of Unemployment (Annual Basis) (CHART AT LINK) Duration of Unemployment (Monthly Basis) (CHART AT LINK) The most worrying factor about the above data is that the number of people unemployed for greater...
Original Article: Forum: News/Activism
Tags: Duration, Recession, Unemployment Numbers, Unemployment Rate