Is The Unemployment Rate As Bad As It Looks?

Back to blog

Highly subjective

It is as bad as it can get if you are unemployed.

HillbillyBill of TN @ Jul 10, 2009 08:44:26 AM

New entrants

Not to suggest the labor market isn't improving, but wouldn't most of those new entrants be coming from recent grads? The same thing that happened around this time last year. And there's that pesky minimum wage increase at the end of this month to consider...

Mike Hinton of OH @ Jul 08, 2009 13:17:10 PM

The important issue

is not just "unemployment", but rather under-employment. If you can find a new job paying $8.00 - $9.00 an hour, but two of those jobs together won't support housing, food, utilities, a car and pay-your-own health care for a family of 2---much less a family of 3 or more, and much less any forward savings---both you and the country are in trouble.

Yes, we may have more jobs. What kind of jobs?

Muser of NM @ Jul 08, 2009 10:59:38 AM

Back to blog

Add Your Thoughts
About You
Capital Commerce

Capital Commerce

U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

advertisement

advertisement

Subscribe

U.S. News Digital Weekly

A weekly insider's guide to politics and policy — in a multimedia, digital format. 52 issues for $19.95!

U.S. News & World Report

6 months of U.S. News & World Report's print edition for only $15. Save up to 67% off the cover price!