Employers likely are skeptical about the sustainability of the economy
WASHINGTON - The economy is rebounding from its deepest slump since the 1930s, but it probably won't seem that way when the government releases its monthly employment report on Friday.
Employers aren't expected to start adding jobs for several more months. Many are skeptical about the strength and sustainability of the recovery,
The nation's economy probably lost a net total of 175,000 jobs in October, pushing the unemployment rate to 9.9 percent, according to a survey of Wall Street economists by Thomson Reuters. The Labor Department report is scheduled for release at 8:30 a.m.
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10.2 % 15.7 million out of work
ReplyDeleteSince the government can't solve the problem, it's time the people faced unemployment with our own ingenuity:
ReplyDeletehttp://bit.ly/ozqT6
(satire)
Now whats the (REAL) number?
ReplyDeleteObamanomics at work!
ReplyDeleteI'm sure the Dumbocrats will still try blaming this on Bush!
Officialy 10.2% today. Obama is playing the modern version of the "Limbo Rock" how high can it go.
ReplyDeleteHe created jobs! Look at the road construction that is going on! We need these roads paved more than police officers and teachers.
ReplyDelete11:32
ReplyDeleteYup, lets pave those roads that nobody will be able to drive on after they pass cap and tax and raise the cost of driving beyond the means of most of us.
12:01;
ReplyDeletewe have cap and trade in Maryland already
Put solar panels on your roof- be the "trade" Im laughing all the way to the bank with my solar system. Bring on the rate increases, I'll add more panels!
Quit whining, do something about it.