“Unemployment will barely fall from the current 8.6 percent rate, though, by the time President Barack Obama runs for re-election in November, the economists say.”
In the real world, using real math, it will be closer to 16%
I worked at two different state’s unemployment offices for nearly 20 years as a veteran’s career counselor, welfare-to-work instructor and supervisor. U6 unemployment last month was 15.6% and that still doesn’t even come close to counting everybody. I’m guessing the real number is 22-25% or thereabouts.
http://portalseven.com/employment/unemployment_rate_u6.jsp