Home › Forums › Financial Markets/Economics › Where the Layoffs Are—Is Your Firm on the List? › cooprider wrote:7.2%, and
[quote=cooprider]7.2%, and that’s a Government number.
Translation: it’s probably twice that.
Maybe I should get back to work.[/quote]
That’s the U3 number… when you add in the involuntarily part time workers… (U6) it’s 13.5%.
My husband falls in that catagory. The firm he works for has no work… so they’re all part time and hoping the doors will be open next week or next month.
http://www.bls.gov/news.release/empsit.t12.htm