Monday, May 17, 2010

Zero Hedge Calculates Real Unemployment (12.2%) and Underemployment (22%) Rates; Democrats Shrug

Tyler Durden has carefully reexamined the nation's unemployment situation using population growth statistics that the Bureau of Labor Statistics (BLS) routinely ignores. The results are astonishing as he finds that real unemployment in the U.S. could be worse than that of Spain.


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