Friday, November 6, 2009

unemployment 10.2% saved or created or unemployment

Saved or Created or Unemployment from Redstate.com

""Unemployment this morning topped 10.2%, even though the number seeking employment has declined. Many have just given up. Likewise, and more troublesome, the average hours worked in a week is at its lowest in decades — 33 hours. That suggests employers are going to just expand hours worked in the future, instead of hiring new people. So the unemployment number will stay high for a while.

On January 18, 2009, Obama’s top economics advisor Larry Summers said Barack Obama’s stimulus plan would keep unemployment below 10%...." entire Article from Redstate.com

No comments: