USA: 'Real' unemployment as high as 16%, says Fed official

Usa ' Real' Unemployment High 16% Fed - Politics, Business, Civil, History - Posted: 27th Aug, 2009 - 2:34pm

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France Business - French Business
Post Date: 27th Aug, 2009 - 6:11am / Post ID: #

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USA: 'Real' unemployment as high as 16%, says Fed official

USA: 'Real' unemployment as high as 16%, says Fed official
France Economy Local French Business Updates

Official figures may put the United States' unemployment rate at 9.4%, but the head of the Atlanta Federal reserve says the figure would be much higher if those who have dropped out of the labour pool and part-timers were counted.
Source: France24 - Business

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Post Date: 27th Aug, 2009 - 2:34pm / Post ID: #

USA: 'Real' unemployment as high as 16%, says Fed official
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official Fed high unemployment Real USA

I can believe this figure. There are a lot of people who are no longer receiving unemployment benefits and still do not have a job. Many people are loss in the system now.



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