Thread: Obama's Legacy
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Unread 12-03-2011, 03:02 PM   #129 (permalink)
DeafCaroline
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Quote:
Originally Posted by TXgolfer View Post
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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