No.
Actually, it's unprecedented.
Seriously, I am tired of listening to or reading about BS issued by Hussein's Ministry of truth.
Anyone have a link to the site that tracks ACTUAL unemployment?
"A frequent meme propounded in the economic blogosphere is that U6 unemployment, running near 17% now, is a truer measure (and there are good reasons to believe it is), so that means we have unemployment already approaching Great Depression levels of 25%.
More at link.