Monday, February 25, 2008

Just a Small Change

That's what Steve Leesman said this morning on CNBC, refering to the report by the NABE on the unemployment outlook for 2009. (Not in the article, but on the teevee report graphic-DGR) From 4.9 to 5.2%, just a drop really.

Doing a rough calculus, based on these statistics from the U.S. Department of Labor Bureau of Labor Statistics, that works out to around 450,000 more people unemployed.

So if you're one of those folks, you're just a drop and so sorry. To put that number in some perspective, that's a city the size of Sacramento or Cleveland or Kansas City, more than Omaha or Minneapolis or Miami FL.

Just a little statistics for your Monday morning.

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