Friday, March 6, 2009

Unemployment Rate Hits Almost 15%

Then you factor in contractors such as those in the building trades and truck drivers and you are looking at a rate of higher than 16%.

Check out Don't Believe The Unemployment Statistics

Go to http://www.bls.gov/news.release/pdf/empsit.pdf (Be sure to bookmark this link for future reference).

Scroll down to page 20. You will see U-3 which is the official unemployment rate and then look at U-6 which is Total unemployed. The last column reads 8.1 and 14.8.

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