California is in trouble and finally the Federal government is admitting to the full extent of our unemployment problem.
“For that count, the government releases a separate number called the “U-6,” which provides a more complete tally of how many people really are out of work. The numbers in some cases are startling.
Consider: Nevada’s U-6 rate is 22.1 percent, up from just 7.6 percent in 2007. Economically troubled California has a 20.3 percent real rate, while Rhode Island is at 18.3 percent, more than double its 8.3 percent rate in 2007.”
Read more at CA Political News