Linking is a public good y'know
The US usually quotes the "U3" index for the unemployment rate.
The U6 rate is in many ways a more robust measure, but a lot scarier.
It is also more like what some European governments report when they state "the unemployment rate", or so I am told.
PhysioProf explains about applying for faculty positions - you listen!
Chad worries about the blog bubble ending - I link to remember to think
The only "good" news on the LIBOR is that the AIG loans were LIBOR + 8, so the US gov't is rakin' in the dough.
Yea, U6 is really scary. I remember 1992 and 1993, those were bad bad times in CA.