Remember When I Said The Unemployment Rate Is 7.2%? Well..................

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Photo from google.com
In today's agenda, I linked the report of the unemployment rate reaching 7.2%, a 16 year high. Well, that tales only have of a macabre situation.

The real number is 13.5%. How so you ask? Because that bigger number includes the whole bigger picture, adding the number of discouraged workers and those relegate from full time status to part time work.)

To read the whole report, go here to the Department of Labor website site, and just look at U-6. (With huge thanks to SilverOz at the Kos.)

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