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12-03-2011, 03:02 PM
Join Date: Jul 2007
Originally Posted by
On what planet?
Here are some fun facts
Average length of unemployment longest ever at 40.9 weeks
Notice in June we set a record at 39.7 weeks so the records keep coming
Average Length of Unemployment at All-Time High - NYTimes.com
Our job participation rate is down to 64%
Meanwhile the "diffusion Index fell by nearly 5% and it would have been a greater drop had the previous numbers not been revised downward.
U.S. shrinking workforce a worrisome sign | Reuters
All time high since 1948 since they started keeping track of unemployment rates. I wonder what it was after the Crash of '29 and how long that unemployment rate went on for.
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