The unemployment rate is 5.2% higher than the unemployment rate at the start of this recession in December, 2007; currently 8.2 million more people are unemployed than were unemployed at the start of the recession.
For more, please see the U.S. Bureau of Labor Statistics release for the full statementand and access to the data.
Comments? Please send them to email@example.com. Kate McBride is editor in chief of Wealth Manager and a member of The Committee for the Fiduciary Standard.