Unemployment

Been a while since I've bitched written about the unemployment situation and more specifically about the governments propensity to jigger the numbers to prevent an unemployed mob from tarring and feathering them. Anyway here's a chart from John Lott showing the U6 rate on a state-by-state basis:

Click to enlarge. Colorado is currently claiming an unemployment rate of about 7.6% and next year the pols will be patting themselves on the back and asking that we reelect them on this basis.

For a more in-depth and detailed analysis of the problem even with this statistic, go to the statistics blog and sort through this article. There are myriad reasons why an unemployed person does not get counted as unemployed, and the reasons are growing. The average unemployment rate in Europe, for example is a bit over 20% as they haven't tumbled to the frauds we use yet. Or maybe they have and their situation is even worse which I find to be the more likely case.

Anyway, 2 good articles.