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Average length of unemployment now 6 months!
by revrick

There's an ugly graph on zerohedge.com charting the average length of time spent on unemployment dating back to 1950. The record low was a little over 7 months back in Sept. '53. As of September '09 it has hit a record six months. It is worth noting that the long term trend is for unemployment to last for longer and longer stretches, but it has really dragged out during our current Great Recession. Another dubious record set.

Oh, and did you get a gander at what Lord Asshat of Goldman Sachs International said about bonuses and inequality?

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