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Politics : View from the Center and Left

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To: TimF who wrote (103636)	2/10/2009 6:00:19 AM
From: Cogito	Read Replies (1) of 542015

>>Debunked: Pelosi's Scary Jobless Chart<< Tim - I agree that by looking at percentages we get a more accurate picture of how this recession compares with previous ones in terms of unemployment. But if you're going to compare today's figures with those from previous recessions, you have to take into account the fact that we are counting unemployment differently now than we were then. I heard on NPR just a couple of days ago that if you count the people who are no longer looking for work, because they've given up, the real unemployment rate is 13.9%. - Allen

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