Is Unemployment Higher Than Reported?

Written by Gusher on Friday June 5, 2009

So the unemployment rate went up to 9.4% this morning. Or did it? If you strongly suspect that the unemployment rate is higher than that, you will find support in the columns of John Crudele at thespan> New York Post<, one of the more unjustly overlooked business columnists. (Because of his venue, I suspect.) He has been writing for years about how the Labor Department has been understating the true level of unemployment. (Starting with Bill Clinton, natch.) Read the whole thing, as they say.
Category: News