Originally Posted by Guest

You might want to consider doing some research before posting in a public forum as it will save you the embarrassment of being wrong.

The "official" unemployment rate, the so-called U-3 number, does not include people who are underemployed and those who want to work but have given up looking. The better number is U-6, which includes these people, and is currently at 10.9%. The "official" U-3 is currently at 5.5%. The "official" U-3 number peaked at 10.0% in Oct. 2009 during the recent economic meltdown. U-6 peaked at 17.1% in the latter part of 2009 and early 2010. When George Bush left office the "official" U-3 number was 7.8% and the U-6 number was 14.2%.