05-11-2009, 08:25 AM
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Confirmed User
Industry Role:
Join Date: Jul 2007
Location: Thailand
Posts: 2,512
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Quote:
Originally Posted by GatorB
You need to learn to read. It doesn't say unemployment wil be 30% moron.
"We're nearly at one out of four laid-off workers has already been out of work for six months.
That's Andrew Stettner at the National Employment Law Project. He and his research partners at UC-Berkeley predict the share of long-term unemployed will hit 30 percent by next year"
That means of those that have been laid off 30% will be laid off 6 months or more. So if umployment is at 10% then 30% of those or 3% overall, will have been out of work for 6 months or more.
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