U.S. Unemployment Hits 8.1% in February

The newest monthly unemployment rate announced today – rose from 7.6% in January to 8.1% in February.

California announced 10.1% unemployment last week.

Unemployment rates are very highcertain industries are seeing unemployment rates of up to 20%

unemployment-rates

Information on Great Depression unemployment is in this blog. It looks like the US is edging into the range of depression-level unemployment in some industry sectors.

Wikipedia has a good section that talks about unemployment and unemployment rates in general.

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