Friday, August 05, 2011

Average Length Of Unemployment Surges To New All Time Record 40.4 Weeks (Tyler Durden/ZeroHedge)

Average Length Of Unemployment Surges To New All Time Record 40.4 Weeks (Tyler Durden/ZeroHedge): " Tyler Durden / ZeroHedge:

Average Length Of Unemployment Surges To New All Time Record 40.4 Weeks — We already learned that the one biggest red flag in unemployment data had been raised when we found that the labor force participation rate was the lowest since 1984. Now we find that the other critical data point …"


So let's see, then according to our President, extending the unemployment benefits will create jobs immediately. So how is this story relevant.

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