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Reply #9: According to NewsHour it's 17.8%... [View All]

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TripleD Donating Member (130 posts) Send PM | Profile | Ignore Fri Aug-01-03 09:08 PM
Response to Reply #1
9. According to NewsHour it's 17.8%...
...at least for men.

Last Tuesdays newscast ended with a story analyzing the unemployment rates:

...Add them all up, and today's 6.4 percent official unemployment rate approaches 1982's 10.8 percent record, at least for men. There's one last way to confirm this. Back in 1982, the percent of total working age men not employed for whatever reason -- discouraged, disabled, jailed, retired early, or officially out of work -- was 17.3 percent. But as of last month, that total was even higher: 17.8 percent not employed, which make the current job bust, at least for men, look far deeper than the official unemployment rate suggests.


http://www.pbs.org/newshour/bb/economy/july-dec03/unemployment_07-29.html


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