Actual Total Unemployment: 16.8%

2009 July 28
by bc3b

Total unemployed, plus all marginally attached                                                                                
       workers, plus total employed part time for                                                                                        
       economic reasons, as a percent of the civilian                                                                                    
       labor force plus all marginally attached workers = 16.8%

http://www.bls.gov/news.release/empsit.t12.htm

story.jpg Unemployment image image by freeling10

Source: Bureau of Labor Statistics

4 Responses leave one →
  1. 2009 July 28 6:24 am
    [1]
    drdog09 permalink

    There are metro areas where the unemployment figures are probably double the 16%. The MSA’s below are unaltered results. Apply bls’s magic formula and you get the idea. —

    Monroe, MI Metropolitan Statistical Area 16.2
    Modesto, CA Metropolitan Statistical Area 16.3
    Flint, MI Metropolitan Statistical Area 16.5
    Merced, CA Metropolitan Statistical Area 17.3
    Elkhart-Goshen, IN Metropolitan Statistical Area 17.5
    Yuba City, CA Metropolitan Statistical Area 17.7
    Kokomo, IN Metropolitan Statistical Area 18.8
    Yuma, AZ Metropolitan Statistical Area 23.3
    El Centro, CA Metropolitan Statistical Area 26.8

    source

  2. 2009 July 28 8:10 am
    [2]
    bc3b permalink

    I am somewhat surprised by Monroe, MI. It’s about 80 miles south of Detroit and its major industries are La-Z-Boy and Monroe automotive.

    I would think replacement parts sales would be gangbusters, but I guess Monroe also is a new car OEM.

    Elkhart-Goshen is RV-boat related. Kokomo is auto-related. Lots of California metros.

  3. 2009 July 28 10:27 am
    [3]
    JustMary permalink

    I wouldn’t mind seeing a side by side with the great depression and today.

  4. 2009 July 28 12:12 pm
    [4]
    justrand permalink

    Justmary,

    There’s no real comparison to the Great Depression…yet!

    But there will be SOON if Barak gets his way! Our economy could still recover with good management. Our economy could still recover with simple NEGLECT!

    Our economy CANNOT recover with the mismanagment and deliberate sabotage currently underway!

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