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There's Unemployment, and Then There's Unemployment

The Big Picture found this 1/11/2009 on paul.kedrosky.com

I have been sent this Reuters story from yesterday umpteen times, so I may as well post it, as well as the underlying graph. The gist: If unemployment were being measured the same way as it was during the Depression, the U.S. would be well on its way to similar numbers. Check the SGS line in ...