Friday, October 2, 2009

Unemployment Rate Continues Higher


Look at SA U-6 rate (bottom right hand corner, red box). This rate looks at all those technically unemployed, plus discouraged/marginally attached, and part time workers(available/looking for full time work). Not to worry folks because the technocrats and bureaucrats have announced the recession over; I wonder what the 1 out of 5 people who are (under)unemployed think about that?