Quote:
Originally Posted by firstdown
Unemployment went up last month from 9.7 to 9.9 and that chart does very little to show the whole picture. This link is much better and I wish it looked better but unemployment is still very high. Also I think each time they extend unemployment they are just allowing more people to sit around a few more months.
Graph: Unemployment rate (seasonally adjusted) |
Picking up all those lost jobs is going to take a long time (real unemployment/underemployment is almost 20%) but the fact remains that things are getting better. Just last week a buddy of mine who has been unemployed for almost a year got two job offers and a request for second interview on the same day (I know for sure Boeing, Google and GE are hiring again).