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Unemployment rate rises to 9.8%

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

  1. carpro

    carpro Well-Known Member
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    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 New Member

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    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 Well-Known Member
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    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 Well-Known Member
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    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 Active Member

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    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 Well-Known Member
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    Media complicity.
     
  7. just-want-peace

    just-want-peace Well-Known Member
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    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??)
     
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