Friday 6 November 2009

US unemployment

Unemployment in the US of A at 10.2% (this is the number of people looking for jobs), overall underemployment at 17.5%: the 10.2% plus those that have stopped looking, plus part-timer that'd prefer full time.
The number of hours worked per week remains at the low, 33.
Granted, it means nothing for the equity market, and only a little for the bonds one.

Sort of confirm the fear that by end of march next year we might be deep in brown muck again.

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