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.
Friday, March 6, 2009
Unemployment Rate Hits Almost 15%
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