Officially, the unemployment rate is 8.5%, but that’s just part of the picture. It doesn’t count those who have given up looking for work, or those who are working part-time when they’d rather be working full-time. The real unemployment rate may be closer to 15.6%, according to the Bureau of Labor Statistics. Yikes.
8.5% Unemployment? More Like 15.6%
By Ben Popken April 15, 2009
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