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9.0%

Unemployment Back to 9%

May 6, 2011

The seasonally adjusted U3 unemployment figure for the month of April saw the rate increase for the first time since November.  Those currently looking for a job who cannot find one are at 9%.  The “total unemployment rate” (U6) is up to 15.9% for the month of April.  The administration seems happy about these numbers.  In truth, [...]

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9.0%

February 4, 2011

Despite the inclement weather, the unemployment rate cheerily lowered from 9.4% in December to 9.0% in January!  Some are quite pleased and the lower number can only mean we’re moving in the right direction.  Right? Unfortunately, no.  The figure being released is the “U3″ number which only counts those still looking for work who can’t [...]

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