Unemployment tops 10 percent in 15 states in June - Yahoo! News

Remember that the way they figure this changed in the 90's, making it actually lower than it would have been, so we really can't compare today's unemployment rate with what it was in the 80's or earlier. I'm saying it's even worse than they claim. Sometime this year, I'm predicting we will start hearing the word "depression" from the media and soon after from Obama's people. It's simply too late to turn this around now. Unemployment tops 10 percent in 15 states in June - Yahoo! News: "The Federal Reserve this week projected that the national unemployment rate, currently at a 26-year high of 9.5 percent, will pass 10 percent by the end of the year. Most Fed policymakers said it could take 'five or six years' for the economy and the labor market to get back on a path of long-term health. To get there, consumers must return to a regular spending groove and housing prices need to start rising again."