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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Wyätt Gwyön who wrote (23628)10/21/2009 8:51:57 AM
From: gregor_us  Read Replies (2) | Respond to of 71407
 
Thanks for the query. It's a bit more complex than either I or others have perhaps been acknowledging. I have been trying to gauge how today's U-6 compares to 1930's data. Here is one take:

Based on that research, he was able to generate a mathematical formula to calculate U3 and U6 unemployment for the entire period since 1900. He found that at the peak of the Great Depression, U3 was 25.2%. U6 was 37.6%.
economicpopulist.org

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