Sunday, 10 October 2010

The long lasting unemployment problem in the USA

Two graphs from that excellent blog site Calculated Risk tell the sad and sorry tale of unemployment in the USA.
For the current employment recession, employment peaked in December 2007, and this recession is by far the worst recession since WWII in percentage terms, and 2nd worst in terms of the unemployment rate (only early '80s recession with a peak of 10.8 percent was worse).
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