From Dan Ferris in the S&A Digest:

...That Associated Press article I mentioned  says unemployment has taken over as the reason for rising foreclosures. If you want to see the growing unemployment situation with your own eyes, our friend Whitney Tilson at T2 Partners sent this interactive graphic yesterday, showing how unemployment has grown worse across the U.S. since 2007.

Notice how poorly the bubble states (especially California) are doing... and how well the area around Washington, D.C., is doing. Government is the only growth industry left anymore.

Crux Note: The S&A Digest comes free with a subscription to Dan Ferris' Extreme Value. Dan isn't optimistic about overall market returns right now, but he is recommending one of the safest and most lucrative investments you can make in the gold industry - that has nothing to do with mining stocks...  gold mutual funds... or gold bullion. To learn more, click here...

More from Dan Ferris:

Warren Buffett's wisdom on when to sell

These stocks will get clobbered in the next leg down

Dan Ferris: These 3 indicators say the market is expensive