Unemployment rate rises to 9.8%

Discussion in 'News / Current Events' started by carpro, Oct 22, 2009.

  1. carpro

    carpro
    Expand Collapse
    Well-Known Member

    Joined:
    Oct 14, 2004
    Messages:
    20,894
    Likes Received:
    294
    http://www.latimes.com/business/la-fi-jobs3-2009oct03,0,2971924.story

    Unemployment rate rises to 9.8% as employers cut more jobs than expected

    A net 263,000 jobs were eliminated in September, pushing the jobless rate to a 26-year high. The rate of unemployment plus underemployment -- representing workers whose hours were cut back -- is 17%.
     
  2. Johnv

    Johnv
    Expand Collapse
    New Member

    Joined:
    Oct 24, 2001
    Messages:
    21,321
    Likes Received:
    0
    It's my $.02 that the economy would be in a much more noticeable recovery had the federal government left it alone and not engaged in bailout programs.
     
  3. JohnDeereFan

    JohnDeereFan
    Expand Collapse
    Active Member

    Joined:
    Mar 26, 2009
    Messages:
    4,628
    Likes Received:
    11
    But Joe Biden has declared Obama's plan a success.

    You know, if I had the slightest idea how to use Photoshop, I'd make a picture of Lord Barry wearing a flight suit, standing in front of an unemployment office with a bit "MISSION ACCOMPLISHED" banner behind him.
     
  4. carpro

    carpro
    Expand Collapse
    Well-Known Member

    Joined:
    Oct 14, 2004
    Messages:
    20,894
    Likes Received:
    294
    Comes of having a stimulus plan that was full of pork instead of stimulus.

    But that's not the whole story...

    Read more at: http://www.huffingtonpost.com/2009/10/02/unemployment-rate-rises-t_n_307438.html
     
  5. rbell

    rbell
    Expand Collapse
    Active Member

    Joined:
    Jan 16, 2006
    Messages:
    11,103
    Likes Received:
    0
    Why is it that no one is making a bigger deal about Obama the Wise's claims of where the unemployment rate would be if we did not do the bailout....and the rate if we did...

    Of course, the rate is much higher than Obama the Wonderful said it would...

    What a liar.
     
  6. carpro

    carpro
    Expand Collapse
    Well-Known Member

    Joined:
    Oct 14, 2004
    Messages:
    20,894
    Likes Received:
    294
    Media complicity.
     
  7. just-want-peace

    just-want-peace
    Expand Collapse
    Well-Known Member

    Joined:
    Feb 3, 2002
    Messages:
    5,502
    Likes Received:
    40
    And his faithful continue to sing his praises. :sleep::sleep:

    Makes one wonder just what catastrophe it will take for the blind to finally see!!!:sleep::sleep: (Assuming they are capable of such??)
     

Share This Page

Loading...