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I found this graph helpful[1]. U6 has come down along with the other unemployment numbers, but it also shows how historically bad the recession was. For those a
by tunesmith 9y ago
I found this graph helpful[1]. U6 has come down along with the other unemployment numbers, but it also shows how historically bad the recession was. For those affected by it, that's six years they will never get back - they might be "employed" now, but with prospects that are far worse than if the crash hadn't happened.
[1]: http://www.macrotrends.net/1377/u6-unemployment-rate http://www.macrotrends.net/1377/u6-unemployment-rate