Is Unemployment Higher Than Reported?
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.