Update 31 Mar 2009: I am re-posting this post about unemployment figures from November 2008 because I think it relevant. The next unemployment number is coming out on Friday and I expect a large number. If you read this analysis, you can see that it is clearly too conservative because I was talking about 8.7% unemployment by July 2009. Clearly, unemployment will go much higher.
Here’s the original post, posted at 11:45 on 7 Nov 2008:Read more ›