Real Jobless Rate: 17.5%

As experts debate the potential speed of the US recovery, one figure looms large but is often overlooked: nearly 1 in 5 Americans is either out of work or under-employed. According to the government’s broadest measure of unemployment, some 17.5 percent are either without a job entirely or underemployed. The so-called U-6 number is at the highest rate since becoming an official labor statistic in 1994. The number dwarfs the statistic most people pay attention to (the U-3 rate) which most recently showed unemployment at 10.2 percent for October, the highest it has been since June 1983/ CNBC . More here .

Question: Do you think the real jobless rate, including underemployed and jobless individuals who are no longer seeking work, is way higher than the national unemployment rate of 10.2%?