We’ve crossed the psychological barrier and this spells bad news for Dems unless they can turn it around in the next couple months. Because this is the highest rate since 1983 and you’ll be hearing that time and time again in the next month.
Here’s more about those numbers:
Among the major worker groups, the unemployment rates [...]
Numbers just came out today and in July the number was 247,000. This is obviously disappointing because the numbers had been consistently dropping since the beginning of the year and this uptick was not expected.
More from Reuters:
Analysts polled by Reuters had expected non-farm payrolls to drop 180,000 in September and the unemployment rate to rise [...]
And the unemployment rate dropped to 9.4%.
This is pretty significant for a few reasons.
First, there’s just the psychological effect of 10% unemployment. The media had been positioning that as the dreaded magic number and now it appears that we’ll never reach it.
Second, economists projected 325,000 job losses for July, so coming in 80,000 below is [...]
I’ve been talking about this for a while now, and it’s encouraging to see some dead trees taking up the story.
Basically, the unemployment figures that get reported are known as U3, which are simply the number of people who are applying for unemployment insurance. And that’s not a good gauge because a lot of people’s [...]
Some sobering stats when thinking about the fallout from last year. Now entire families, like the one pictured above, are living out of a single hotel. And those are the lucky ones.
From Wash Post:
Although the number of homeless individuals remained relatively stable between 2007 and 2008, the number of homeless families rose 9 percent, and [...]
All we ask is you keep your language clean and your arguments sharp.
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