Is 10% national average a pretty good ballpark figure?
Probably depends partly on how much they fudge the numbers. We're already over 10% by some ways of looking at it. If Obama extends unemployment benefits and they go by how many people are drawing benefits, then the reported # of unemployed will be higher just because of that.
I think it's going to be at least 10%, though, in the reported numbers. That's very sobering.
John Mauldin has a chart in his latest newsletter, it's free, you can subscribe at frontlinethoughts.com .