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Unemployment rates in the USA

February 13th, 2009

This is a great post about the REAL unemployment rates in the US, not the the ones that regularly get reported by the media.  It puts the actual unemployment rate at 13.5%! This is very scary as the financial crisis is really only in it’s early days, we still have a lot more job cuts to come I believe.

Why does the US unemployment rates affect me?
The US econony has an effect on every country in the world, and unemployment rates are a good indicator of how the economy is actually  doing. If no one has jobs, then no one spends and this has a huge flow on effect for many parts of the US & global economy.

Economy, International

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