US Jobless Rate Hits 7.5%

Well, maybe we are getting close to 10% unemployment in the US as I suggested in a previous post.  The most recent numbers indicate that unemployment levels in the US have reached 7.5%.  According to this Globe and Mail report, anyway.  Still, it’s a long way off from Great Depression numbers.  AND unemployment is measured differently, nowadays, anyway.  So you can’t make a direct comparison anymore.

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Tagged as: layoffs, unemployment