Grim employment picture
Posted in Uncategorized on July 2nd, 2009 by Paul Deng – Be the first to commentJune unemployment rate increased to 9.5%. In my mind, the UR is sure to pass 10%. So where do we stand now? Look at the below chart to get some historical perspective.
(click to enlarge; graph courtesy of calculatedrisk)
Also, watch this analysis from FT:
(click on the graph to play; source: FT)
