March 7, 2009

Yikes!

Per Brad DeLong and the Bureau of Labor Statistics, U-6 is now at 14.8%. U-6 is the "alternative measure of unemployment" that includes underemployment: "Total unemployed, plus all marginally attached workers, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all marginally attached workers." Those who truly believe in the colonic theory of school reform need to be ready for the consequences...

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Tags: unemployment
Posted in History on March 7, 2009 11:33 AM |