Unemployment Rate: A Visual Guide to the Financial Crisis
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The overall unemployment rate currently stands at 7.2 percent, a 15-year high according to Bureau of Labor Statistics. Each day since the current recession began, in December 2007, the news has been full of reports of job layoffs. Just today the government released a report indicating that the number of Americans filing for unemployment benefits is at its highest level in a quarter of a century, as more workers seek government assistance. Could the news get any worse? It’s all in how you calculate the numbers.
Here is a visual guide to the truth behind the numbers
For more personal finance visualizations see: WallStats.com
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« Previous 1 2Had a lot of fun
i loved the article added to my favourites
It would be great if this could be brought up to date. U-6 now stands at 17%
Yes, pls update.
It’s amazing the stock market DOESN’T care about the unemployed. It’s because it’s a lagging indicator.
I would love to see an update to this Wallstats visual guide or if the author could embed data link for real time update.
Beau Byron
I agree. For October 2009, the U6 is 17.5%
its good information, i will also like to hear more on a global level thanks