Showing posts with label rate. Show all posts
Showing posts with label rate. Show all posts

Friday, October 2, 2009

Official Unemployment Rate Rises to 9.8%, but Real Rate May be 17%


Chart found here.

Unemployment continues to rise to historic levels for recent years, but Obama continues to tout the stimulus.
The unemployment rate rose to 9.8 percent in September as employers cut far more jobs than expected, evidence that the longest recession since the 1930s is still inflicting widespread pain.