'Real' Unemployment Rate Rises to 16.8%

Our official unemployment number is now at 9.7% (Berman Post: US Unemployment Rises to 9.7 Percent), but our actual unemployment is substantially higher.

http://www.zerohedge.com/article/real-unemployment-rate-hits-168

"As markets digest the worse, yet somehow better, than expected 9.7% unemployment, the real state of the labor market is much worse, as indicated by the U-6 number, which has hit a recent record of 16.8% on a seasonally adjusted basis. As a reminder, the "U-6 represents total unemployed, plus all marginally attached workers, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all marginally attached workers.""