Comments on: Unemployment Rate Reaches Five-Year High

By: Sun

Sun — Sun, 14 Sep 2008 14:46:55 +0000

Well, as we were told “The worst is yet to come.”

By: BW

BW — Sun, 14 Sep 2008 14:35:06 +0000

Jake is right, the U6 is a better measure and that rate is already incredibly high. I can’t imagine what it will go to as the economy shrinks further.

By: Cut Your Travel Budget By Not Going Anywhere @ The Roundup

Cut Your Travel Budget By Not Going Anywhere @ The Roundup — Sun, 07 Sep 2008 17:35:58 +0000

[...] Sun’s Financial Diary discusses the latest news on the unemployment rate. It’s now reached a five-year [...]

By: Jake Stichler

Jake Stichler — Sun, 07 Sep 2008 04:23:08 +0000

Compare to the Bureau of Labor Statistics’ current U6 number of 10+% and ShadowStats’ 14+% which includes discouraged workers as they were before the Clinton administration.