Unemployment Rate
Jan 09′s unemployment rate just came out, 7.6%. How does that look in a historical perspective? Headline news wouldn’t give you much clue. So here are the historical unemployment numbers from the Department of Labor. So the highest rate in the past 87 years were during 1982 and 1983 when it were 9.7% and 9.6%. People are projecting this cycel it will go up to around 10%. The question is how quickly can it go down?
