Is The Unemployment Rate As Bad As It Looks?

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

HillbillyBill of TN 8:44AM July 10, 2009

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 1:17PM July 08, 2009

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 10:59AM July 08, 2009