Friday, February 5, 2010

NFP -20,000, Consensus +15,000, Non-Seasonally Adjusted Unemployment Rate (U3 And U6) Surges To Record 10.6% And 18% | zero hedge

NFP -20,000, Consensus +15,000, Non-Seasonally Adjusted Unemployment Rate (U3 And U6) Surges To Record 10.6% And 18% | zero hedge

Funny Math means 9.7%. True unemployment breaks 18%. U6 is nearing records highs since it has been keeped. Note that the 25% quoted from the Great Depression was very lax survey number.

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