http://www.augustforecast.com/2009/08/27/fed-real-unemployment-is-16-percent/?utm_source=rss&utm_medium=rss&utm_campaign=fed-real-unemployment-is-16-percent Bringing the Future Into Focus Sat, 04 Sep 2010 01:11:53 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://www.augustforecast.com/2009/08/27/fed-real-unemployment-is-16-percent/comment-page-1/#comment-98 News on the Economy « Pond’rings Tue, 08 Sep 2009 07:01:47 +0000 http://www.augustforecast.com/?p=599#comment-98 [...] The August Forecast points out that the unemployment rate is actually much higher than it appears. “If one con­siders the people who would like a job but have stopped looking — so-called dis­cour­aged workers — and those who are working fewer hours than they want, the unem­ploy­ment rate would move from the offi­cial 9.4 per­cent to 16 percent.” [...] […] The August Forecast points out that the unemployment rate is actually much higher than it appears. “If one con­siders the people who would like a job but have stopped looking — so-called dis­cour­aged workers — and those who are working fewer hours than they want, the unem­ploy­ment rate would move from the offi­cial 9.4 per­cent to 16 percent.” […]

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