Unemployment - don't believe the hype

Despite today's official unemployment rate being reported as 9.7%--down from last month's 10%, don't fall for the inference that the jobs picture is improving. The number of those out of work for over half a year has tripled in the past year. Based on those who have given up looking for work, of those forced to take lesser jobs, the unemployment rate is over 17% or 22%--depending on your source. See shadowstats.com.