CBO report says unemployment to remain above 8 until 2014, real rate including those who can't find work is 15%, US News

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2/16/12, "CBO: Longest Period of High Unemployment Since Great Depression," US News, Alex M. Parker

"After three years with unemployment topping 8 percent, the U.S. has seen the longest period of high unemployment since the Great Depression, the Congressional Budget Office noted in a report issued today.

And, despite some recent good news on the economic front, the CBO is still predicting that unemployment will remain above 8 percent until 2014. The report also notes that, including those who haven't sought work in the past four weeks and those who are working part-time but seeking full-time employment, the unemployment rate would be 15 percent."...via Drudge

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