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Real Unemployment at 16.2%
September 7, 2011
Real Unemployment at 16.2%
The 9.1% they keep talking about is a bit fudged.

From CNS News:
The real unemployment rate actually rose in August, according to the Department of Labor, belying the fact that the official unemployment rate, 9.1 percent, remained flat while the economy did not create any new jobs on net last month.

According to the data from the Bureau of Labor Statistics, real unemployment rose to 16.2 percent in August, up from 16.1 percent in July and tying the 2011 record set in June.
More at CNS.
Related:  090711Unemployment Bookmark and Share
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