Comparing today's published unemployment rate to historical rates is meaningless. Today's unemployment rate calculated as it was calculated in the first half of the 1900's would be about 12%. See: www.shadowstats.com/ar... and www.shadowstats.com/al... .
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Comparing today's published unemployment rate to historical rates is meaningless. Today's unemployment rate calculated as it was calculated in the first half of the 1900's would be about 12%. See: www.shadowstats.com/ar... and www.shadowstats.com/al... .
Mar 31 11:27 am
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All Comments by Dr. C. »A Far Cry from "Hooverville" [View article]