Loss of 216k jobs in August, better than expected but the unemployment rate edged up to 9.7% now. The real killer is that 16.8% U-6 number.
One in six American workers are unemployed or underemployed still. We're working on one in five here. I still think we're heading for the second half of a double dip recession, personally...but that's just me.
Friday, September 4, 2009
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