John Williams: Jobless Rate Full 10% Higher Than Reported
John Williams, Founder of Shadow Government Statistics, calculates that the jobless rate is a full l0 percent higher than the government is reporting. He also discusses the news Monday morning that American companies (including Sprint, Home Depot) are cutting about 43,000 jobs.
C-Span 5-mins
http://www.c-span.org/Watch/watch.as...aId=HP-A-14748
