Take This Job And Shove Me

U-3 number, 8.1%, U-6 number up to 14.8%. A staggering 651,000 jobs lost in February, 851,000 total. A little better than I expected.

Strap in. Here there be dragons. The unadjusted seasonal U-6 is a nasty, nasty 16.0%. One in 6 Americans are out of a job or underemployed.

Not too far from one in five.

[UPDATE] Behold the Chart Of Green Doom(tm).



That green line? That's us, approaching 4.5 million lost jobs in this recession with no bottom in sight. Remember, it took us over four years to put back the jobs lost from the last recession. The "lost decade" scenario is looking more and more likely.