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Mish Beraks Down the True Unemployment...



April 09, 2009 – Comments (1) | RELATED TICKERS: BA , D

This is an excellant article that breaks down the true numbers. Yes, we all know the government "adjusts" the numbers to make them more "correct". And yes, we've all heard that unemployment is actually worse than the reported 8.5%. However, Mish's article breaks this all down in easy terms and has some great graphs. Check this,

"...U-6 is accelerating faster than U-3. This is important because U-6 is a far better approximation of unemployment than U-3 (the "official" number)...."


You have to see the table for this one, it's killer...

Besides, there is another great Khanacademy video as well, my fav!

1 Comments – Post Your Own

#1) On April 09, 2009 at 1:56 AM, Option1307 (30.62) wrote:

Wow, that title is ridiculous. My bad.

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