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U6 is:

Total unemployed, plus all marginally attached workers plus total employed part time for economic reasons, as a percent of all civilian labor force plus all marginally attached workers...

Paul Krugman - Op-Ed Columnist - New York Times Blog

Recession city.

The Fed should not be thinking about raising interest rates. Not for quite a while to come.

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This article has 2 comments:

  •  
    The rich, the powerful, the "wise" all want more ... ways to lord it over the rest of us. High interest (USURY) is one way.
    2008 Sep 07 03:28 PM | Link | Reply
  •  
    The free market should be determining interest rates, not the Fed
    2008 Sep 10 10:05 AM | Link | Reply