US unemployment 9.2%, real unemployment 16.2% [insert sad emoticon]

Employment rate calculated by the US Department of Labor (July 2011)

As of June 2011, the national unemployment rate is at 9.2%. But the Real Unemployment Rate is estimated to be 16.2% or over 25 million American workers. I've read that some believe that states like California are well into the 22-25% range of real unemployment.

Real unemployment captures three statistics: the unemployment rate plus part time workers who really want to be full time workers and workers who recently left the workforce are categorized as 'marginally' attached.

http://www.cnsnews.com/news/article/real-unemployment-rises-162-june-253-mil