United States Unemployment Rate

Reuters just reported the August 2008 Unemployment Rate, and I couldn't help thinking that ECONOMISTS ARE IDIOTS as a whole! If you want more background on why I think so, see my prior blog posting on the Inflation rate, and how "I told you so". Per Reuters today: The US unemployment rate unexpectedly shot up to 6.1 percent in August, its highest in more than 4-1/2 years, as employers cut