Monday, December 12, 2011

The real unemployment rate is 11 percent

Wonkbook: The real unemployment rate is 11 percent - The Washington Post
Let's say you've been looking fruitlessly for five months and realize you've exhausted every job listing in your area.
Discouraged, you stop looking, at least for the moment.
According to the government, you're no longer unemployed.
Congratulations?

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