Mark Perry offers this graph from his post, Jobless Claims Would Have to Top 900,000 To Reach the Same Levels of the 1970s and 1980s .
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Jan 23, 2009
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GREAT point! I've been watching these jobless reports with interest, especially the "numbers not seen since 1947" stuff. Given the US population has at least doubled since then, this is a crock. Nowhere have I seen per-capita jobless rates posted. Only the raw numbers.
Fortunately the economy will improve overnight now that the O is in charge.
Oooooooommmmmmmmmmmm
Posted by: Don | Jan 27, 2009 at 07:33 AM