« CHART SHOCK: The REAL Unemployment Rate Is 22% »

Scratch the old headline - it's now 23% with the November update. Details inside from John William's Shadow Stats.

• Shadow Stats

The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers.

The U-3 unemployment rate is the monthly headline number. The U-6 unemployment rate is the Bureau of Labor Statistics’ (BLS) broadest unemployment measure, including short-term discouraged and other marginally-attached workers as well as those forced to work part-time because they cannot find full-time employment.

---

In the mood for a riot? Check out these photos...

• Austerity In Action: Crazy Photos From Yesterday's Greek Riots (Slideshow 22 PICS)

---

Partial chart archive - Quick links:

• Obamacare Complicated? Check Out The Flow Chart

• Consumer Debt To GDP - UGLY Would Be An Understatement

• Home Sales Meets The Mother Of All Recessions

• Check Out How Closely The U.S. Stock Market Has Mirrored Japan

• CHART: FDIC WATCH LIST: 829 problematic banks in Q2

• Map Of U.S. States By World GDP

• Banks That Went Bust: Interactive FDIC Bank Failure Map

---