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There are lies, there are damn lies, and then there are statistics. Needless to say, our government likes statistics, but there is some evidence that the REAL unemployment rate, that is, people actually out of work, is around 22%, just 3% lower than it was during the Great Depression.
Read this article.
So, what is the real unemployment rate, and what are factors that makes any figure today different than the Great Depression number of 25%?
Discussion?
Read this article.
So, what is the real unemployment rate, and what are factors that makes any figure today different than the Great Depression number of 25%?
Discussion?