The real rate or the official rate? The later is based on the number of people drawing State Unemployment benefits. the former would include all those denied benefits because they have been out of work to long or they had to accept part time or marginal employment, which subsequently can be used to reduce or deny benefits. The official rate is now 10.5% and the real rate is between 17% and 20%. In places and for certain age groups that are normally almost fully employed, such as white males in NYC between 40 and 60, it is easily over 25%.
Pew is a big Media & PBS friendly, Columbia School of Journalism enabling Left wing outfit.
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I guess it will be news to the PEWs that real unemployment is well over ten per cent.
The real rate or the official rate? The later is based on the number of people drawing State Unemployment benefits. the former would include all those denied benefits because they have been out of work to long or they had to accept part time or marginal employment, which subsequently can be used to reduce or deny benefits. The official rate is now 10.5% and the real rate is between 17% and 20%. In places and for certain age groups that are normally almost fully employed, such as white males in NYC between 40 and 60, it is easily over 25%.
Pew is a big Media & PBS friendly, Columbia School of Journalism enabling Left wing outfit.
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