Tag Archive | "economy recovery"

Economy Is Recovering, Eh? What About The High Unemployment Numbers?

Economy Is Recovering, Eh? What About The High Unemployment Numbers?

Posted on 16 December 2009. Tags: , ,

Nowadays, the news of the economy recovering and the recession being finally over seems to be bombarding us very much. But has the economy really recovered? Think about the huge percentage of unemployed people in the country. A few months ago, it shot up to about 10 % and has remained there till now, when the year has almost come to end. With so many people not able to earn their livelihood would you call this recovery in the true sense of the word? A Mintblog infographic finds out why there is a disparity between the official numbers of unemployed people and the number actually unemployed. An interesting observation is that according to the Bureau of Labor Statistics you may not be counted amongst the unemployed heads if you’ve lost your job during the economic depression because you are [...]

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