Saturday, February 21, 2009

U-6 - U-3 Spread Revisited

The spread between the U-6 unemployment rate and the 'headline' U-3 unemloyment rate continues to widen...I wish the U-6 series went back farther to have a larger dataset of how these rates behaved in more than the two recessions covered. But something sure seems to be different this time.

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