The highest unemployment rate of the recession has been reached: 8.9%.

The good news in November’s numbers — when unemployment fell to 8.2 percent from 8.8 percent the previous month — apparently was a mirage.

Economic forecaster Nick Perna said, “I honestly thought the December rate would look better. And I was wrong.”

Story and scary graphics available here.

Tags: ,

Leave a Reply

You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>