Wall Street adviser: Unemployment 37.2%, misery index worst in 40 years: “Unemployment in its truest definition, meaning the portion of people who do not have any job, is 37.2 percent. This number obviously includes some people who are not or never plan to seek employment. But it does describe how many people are not able to, do not want to or cannot find a way to work. Policies that remove the barriers to employment, thus decreasing this number, are obviously beneficial,” he and colleague Megan Russell in their new investors note from their offices in Charlottesville, Va. washingtonexaminer/wall-street-advisor-actual-unemployment-is-37.2-misery-index-worst-in-40-years/article/2542604
Posted on: Wed, 22 Jan 2014 22:38:53 +0000
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