Home > shorter work time > Forget the stimulus: We need to reduce the work week now!

Forget the stimulus: We need to reduce the work week now!

Below is a chart of unemployment at the end of 2008 – listed by state. The two columns which will interest you the most are the column labeled U-3 – the “official unemployment rate – and, U-6 – the broadest measure of unemployment, including those workers who have lost all hope of getting a job, and those who are working less hours than they would like.

By the official measurement of unemployment 8 states are now in double digits. By the broadest measurement of unemployment 25 states were already in double digits by the end of 2008. The current US unemployment rate, by the broadest measure has now topped 15 percent.

As of March, 2009, a further 2.3 million persons are in prison, and an additional 1.4 million persons are serving with the US military.

In the last official recession, unemployment continued to rise for about 12 months after the recession was officially considered ended.

unemployment-by-state1

We need to reduce the work week now.

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