Friday, July 02, 2010

Unemployment Could Be 25%! Or Is It?

Part of the AP report on today's unemployment numbers:

The unemployment rate fell as more people out of work gave up on their job searches and left the labor force. People who are no longer looking for work aren't counted as unemployed.

ShadowStats posits that May 2010 unemployment was near 22%.

Good thing BammyBoy isn't running his drivel in Racine today, eh?

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