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January 11, 2010

Unemployment: From Worst to Bad is Not Good

By Margaret Bassett

Americans for Democratic Action: The real unemployment rate released today by the Bureau of Labor Statistics is 17.3%, over 7 points higher than the official rate. This means that over 29.9 million Americans are unemployed or underemployed.

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Americans for Democratic Action: The real unemployment rate released today by the Bureau of Labor Statistics is 17.3%, over 7 points higher than the official rate. This means that over 29.9 million Americans are unemployed or underemployed.

Authors Bio:
Margaret Bassett passed away August 21, 2011. She was a treasured member of the Opednews.com editorial team for four years.

Margaret Bassett--OEN editor--is an 89-year old, currently living in senior housing, with a lifelong interest in political philosophy. Bachelors from State University of Iowa (1944) and Masters from Roosevelt University (1975) help to unravel important requirements for modern communication. Early introduction to computer science (1966) trumps them. It's payback time. She's been "entitled" so long she hopes to find some good coming off the keyboard into the lives of those who come after her.

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