TromboneAl
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jun 30, 2006
- Messages
- 12,880
The news shows long lines at unemployment offices and at job fairs. It seems like everyone knows someone who is out of work.
The current employment rate is 8.1% and eyeballing this chart of past unemployment rates, it seems that the average unemployment rate is about 6%.
So, about 2% more people are unemployed than usual. 2% doesn't seem like that big of a number to me. If I were looking for a job, having 2% less of a chance of finding one wouldn't seem like a big deal.
Am I misinterpreting this?
The current employment rate is 8.1% and eyeballing this chart of past unemployment rates, it seems that the average unemployment rate is about 6%.
So, about 2% more people are unemployed than usual. 2% doesn't seem like that big of a number to me. If I were looking for a job, having 2% less of a chance of finding one wouldn't seem like a big deal.
Am I misinterpreting this?