A Nation Unemployed

Most economists agree that a certain amount of unemployment is normal and indicates a healthy economy.  This frictional amount tends to hover just above 4%.  Once unemployment starts to climb much above that you begin to see a troubled economy.

With the exception of the mid-west, our country has been climbing quickly towards a 10% national unemployment rate.  The last 2 years have seen unprecedented unemployment in many of America’s largest cities.

A visual timeline of the unemployment trend can be viewed here.