The Real Unemployment Rate Is 21% – And Heading Higher
7/27/20
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from Seeking Alpha,
7/21/20:
It is somewhat less than reassuring that the “official” unemployment rate of around 12% is roughly half of the “real-world” unemployment rate.
The BLS reported that the U.S. employed workforce stood at about 152 million in February.
Could the number of unemployed rise to 38 million from 32 million, a 25% rate of unemployment?
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