Sunday, November 8, 2009

10% Unemployment is worse than what it used to be

Yahoo News has an interesting story about how this month's 10% jobless rate is worse than what it was in the 1980's during the last time America saw a 10% unemployment rate.

  1. Americans are carrying a lot more debt.
  2. People are taking at least 10 more weeks on average to look for work.
  3. Fewer people have health insurance

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