Wednesday, November 16, 2011
Unemployment soars
Posted by David Smith at 09:35 AM
Category: Thoughts and responses

A nasty set of unemployment numbers, with employment down 197,000 in the July-September quarter and unemployment up 129,000. The unemployment rate, 8.3%, is the highest since 1996. Youth unemployment is at 1.02m. A troubling set of figures, with unemployment at 2.62 million and no doubt worse to come. More here.