The chart above provides an update of the unemployment statistics as of April 2009. The data is from January 2006 thru April 2009. We plot the total unemployment rate which has reached 8.9% and continues to increase at a rate of 4.7% per month which is lower rate of increase than the prior four months. However the monthly change has shown significant variability and we have also plotted the 5 month running average change. It may most likely continue thru the end of this year. If we see even a 4% monthly increase then we could see it peaking at still the 10.0-10.5% maximum rate. Thus there is still substantial risk in seeing this high rate, yet still under the early 1980 inflation from the residual of the Carter administration financial disaster.
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