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Saturday, November 07, 2009

AP video: Unemployment Rates Top 10 Percent 


Pause on this video still?


What recovery? Unemployment shoots past 10 percent. [Associated Press]

I know it ain't a good situation but like the President said, this is Econ 101 (or Ec 10 for my Cambridge peoples): it's a lagging indicator, people - a lagging indicator.


Related:

Stock Market Shrugs Off Jobs Report: BusinessWeek | Associated Press [via Forbes]

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