Unemployment, Not the Stock Market, Distinguishes a Recession From a Depression

What are the most important and enduring characteristics of the Great Depression? And what should we monitor to determine how severe today's situation really is?

//snipurl.com/me39x



True unemployment rate already at 20%

Not to scare you, but the situation is actually worse than it seems.
//snipurl.com/me3c3



Apartment Vacancy at 22-Year High in U.S., Says Reis

Job losses and falling wages are shrinking the pool of potential renters, defying forecasts that prospective homebuyers would rent rather that purchase as house prices decline.

//www.bloomberg.com/apps/news?pid=20601213&sid=a5YNzreTGxLw


From Information Clearing House



//freepage.twoday.net/search?q=unemployment
//freepage.twoday.net/search?q=stock+market
//freepage.twoday.net/search?q=recession
//freepage.twoday.net/search?q=Great+Depression
//freepage.twoday.net/search?q=job+loss

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