Quote:
Originally Posted by The Adult Broker
Unemployment is climbing, past 9% in 2009 they said, that is almost 10% of our population - geez
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Seems like that but thats not how the math is done.
unemployment rate = unemployed/(employed + unemployed) * 100
so the unemployment rate does not include retired, people who are not able to work, etc. so probably 9% reflects 1% of the population or so