Reports from the Economic Front

This chart comes from the Bureau of Labor Statistics:

[click on the chart for clearer view]

Not only is the unemployment rate high, those who are unemployed remain so far longer than before.  For example, in October 2009, 35.6% of those unemployed were jobless for 27 weeks or more.  As the chart illustrates, this is a record high.

This entry was posted on Sunday, November 22nd, 2009 at 9:18 am and is filed under Job Creation, Structural Crisis, Unemployment. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.