Is the Real Unemployment Rate 16.5%, 22%, or. . .?
Submitted by manager on Sun, 2010-08-29 15:42
How many days in-and-out of Iraq? How many WMDs did they say Sadam had? How many unemployed Americans did they count? These guys cannot count!
By Pallavi Gogoi Raghavan Mayur, president at TechnoMetrica Market Intelligence, follows unemployment data closely. So, when his survey for May revealed that 28% of the 1,000-odd households surveyed reported that at least one member was looking for a full-time job, he was flummoxed. “Our numbers are always very accurate, so I was surprised at the discrepancy with [...]
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