Unemployment at 10.2% is only those who actively seek work. The actual rate of those who are unemployed is likely closer to 20%. 1 in every 5 working-age Americans is out of a job.
(via notthatkindagay)
Remember when Obama said that we could stop unemployment from reaching double digits by spending $1 trillion? Could you imagine going to a cobbler, having him tell you he could fix your shoes for $1000, and having the soles fall off shortly thereafter?
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What you’re seeing here is the discrepancy between the U3 measurement of unemployment, which is what the Bureau of Labor...
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jennyyyy
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supplydemand
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well i feel a lot less of a failure! haha.
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luckyshadow
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joemuto
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Thank you, Joe. This is all turning into such a beat down.
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hiitsbradd
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bethlehems
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people who actively seek work. Figures don’t account...people who are out of work
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jonathan-cunningham
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poortaste
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I like how the same people who are whining about people blaming Bush for the crash that his policies are directly...
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bowlingalleylawyer
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joemuto
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so how many years ya’ll planning on still riding the GWB train? I’ll give it to you now, but I’m gonna being pointing...
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notthatkindagay
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mogawa
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Mogawa Somebody’s being unreasonable.
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mogawa
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Now is NOT the time...be graduating, Ms Ogawa. Now is just NOT
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moorewr
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muppetpants
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In this case it’s more like...buy the $1000 shoes, but they’ve only accepted $50 from...
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Yes, but unbeknownst the the new cobbler, the previous cobbler had been routinely taking a piss on the shoes for the...
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supplydemand
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bthny
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also, check out how disproportionately affected young people are: from Generation Recession - The Nation. “In September,...
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shorterexcerpts
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Of course no major regulations have been imposed on Wall St. as a whole, and yet small businesses are still struggling...
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unsolicitedanalysis
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Well, the sea of liquidity created by the stimulus package has inarguably created jobs in the near term. That is...
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motionsensorsoundtrack
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funny thing, its not over yet…unemployment will continue...there will be more spending.
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