Three Statistics & One Analysis – US unemployment
- Increase in number of unemployed persons since recession started in Dec 2007 : 7.2 million (rise of 4.5 percentage points) [source]
- US Unemployment Rate in July 2009 : 9.5% [source]
- Number of banks : Nine; Bonus paid : $ 32.6 billion; Loss by these banks : $ 81 billion [source]
All said and done, that’s $ 4,500 of bonus earned per person unemployed thanks to the recession.
Anything else to be said?