Wednesday, August 26, 2009

I No Longer Have to Speculate

This morning's news that U.S. unemployment has hit 13.7 million, pushing the rate to 8.9 percent, tells only half the story of this recession.

The total number of Americans who are not working full-time but ought to be is actually about 22 million, or 15.8 percent, according to the Bureau of Labor Statistics. [Emphasis mine.]

  WaPo

That's a damned big number.


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