And those are just people going on the dole. People whose unemployment ran out are no longer included. Or those who gave up. After wasting trillions of dollars (IMPLODING DEBT) to try to artificially start the economy .... IT AIN'T WORKING. Real Unemployment at Depression Levels of 17%, from what I read. Or a system that deters EVERYBODY. People from working. And businesses from WANTING to hire. This is F-ed.
And the other disturbing news - which we could also effect change with, if we were DRILLING and using our own resources, is this:
Comment - Blog anonymously. This is bad mojo .... ~ Rich
2 comments:
Layoffs At Pre-Recession Level; Job Openings Down 30%
Twenty months after the worst recession in decades, job creation remains anemic, weighing on economic growth and making it even harder for the long-term jobless to find work.
Don't blame layoffs. They spiked in 2009 but have returned to pre-slump levels, according to Labor Department data. But job openings remain 30% below their level when the downturn hit in December 2007. Gross hiring is down by 843,000 jobs.
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Gallup Finds U.S. Unemployment Hitting 10.3% in February
Underemployment surged to 19.9% in February from 18.9% at the end of January
by Dennis Jacobe, Chief Economist
PRINCETON, NJ -- Unemployment, as measured by Gallup without seasonal adjustment, hit 10.3% in February -- up from 9.8% at the end of January. The U.S. unemployment rate is now essentially the same as the 10.4% at the end of February 2010.
Richard - Re-Read that story ... Underemployment is not 17% - - it is damned near 20%. THAT IS DEPRESSION. Read your stories ....
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