Thursday, December 11, 2008

Unemployment rates

According to Daniel Gross, who writes for Newsweek and a columnist on Slate.com, unemployment is about 11 percent, not 6.1 percent. He argues that the current unemployment figures are flawed--don't count people who've given up looking for work, for instance.

http://blogs.bnet.com/business-books/?p=383&tag=nl.e713

http://www.slate.com/id/2202879

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