Tuesday, November 9, 2010

Today's Unemployment Situation Far Worse Than Previous Worst: 1980s Double Dip Recession

[mEDITate-OR:
or miss The Point...
While much of what we see and read about the economy is "argumentative" or biased, sometime even that can be rather stunning.
Workers unemployed 27 weeks or more increase to 6.206 million or 41.8% of all unemployed workers while the median number of weeks unemployed increased to 21.20 weeks and the average stay on unemployment increased to 33.9 weeks.
Looking at the charts below you can see that today’s sorry situation far exceeds even the conditions seen during the double-dip recessionary period of the early 1980s, long considered by economists to be the worst period of unemployment since the Great Depression.
We could not have said it better, or worse.
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Today's Unemployment Situation Far Worse
Than Previous Worst: 1980s Double Dip Recession
http://seekingalpha.com/article/235221-today-s-unemployment-situation-far-worse-than-previous-worst-1980s-double-dip-recession
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Scary Unemployment -
Some of the most frightening unemloyment data!
http://www.blytic.com/DashboardView.aspx?dashboardid=970B0FF3F6F544D98FBC2F2E9088FC1E
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