Something like that. Personally 40% may be a little high, but i believe he number is in the mid 30’s.
To be fair, these numbers have been manipulated in both Democrat and Republican administrations. George Bush had numbers in the 8s. Those were probably too low also.
But the current numbers are really far from reality. All you have to do is step away from your computer once in a whole — go out and talk to your relatives, friends and neighbors. Chances are they or someone they know, is out of work and likely has been for some time..