Many Left Uncounted in Nation's Official Jobless Rate
July 3, 2009 7:03 PM Subscribe
Paul Solman examines how the number of jobless people who fall outside of official unemployment counts (video)
offer a different picture of the nation's economic recovery.
"Who here thinks it's higher than 12 percent, 15 percent, 20 percent? How many people think it's 20 percent?
And 20 percent may not be far-fetched, it turns out, because of two other groups never counted as unemployed. One is those on government disability: 7.5 million Americans, like 57-year-old Bob Zawacki, a Chicago carpenter."