Real unemployment rate is nearly 17%
The Associated Press calculates that the real U.S. unemployment rate is closer to 17 percent!!!
From an "Unemployment by the Numbers" feature compiled by AP Economics Writer Christopher S. Rugaber:
UNDEREMPLOYED
8.8 million: Number of part-time workers who would have preferred full-time work last month
2.5 million: People without jobs who want to work but have stopped looking
16.8 percent: "Underemployment" rate in February if you include the above two categories
17.4 percent: Underemployment rate in October, the highest on records dating to 1994
Labels: Barack Obama, Broken Promises, Jobs
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