From the daily archives:

Friday, September 3, 2010

Recovery Summer Ends at 9.6%

September 3, 2010

August’s unemployment (U3) numbers came out today and saw some movement for the first time all summer.  Of course, it’s in the wrong direction, up to 9.6%.  Three more months at or above 9% and we’ll tie a post Depression record for such persistent high unemployment, and we’re not exorcising inflation from the economy with [...]

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