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The September unemployment numbers are in

Once again, the unemployment rate would have risen by a much larger amount if the civilian labor force hadn’t lost 570,000 people since last month. The labor force normally increases by ~ 150,000/month, so that’s a huge, very unusual, decrease. In fact, had the labor force size simply remained the same, the unemployment rate would have jumped to 10.2%

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It is sure a good thing we stole wealth and comfort from our children by forcing through the stimulus plan last February, huh?


Added: Oct-3-2009 
By: Hypnojive2
In:
Creative
Tags: Hopenchange, economy, stimulus bill, unemployment figures, September 09
Marked as: approved
Views: 7452 | Comments: 21 | Votes: 4 | Favorites: 1 | Shared: 0 | Updates: 0 | Times used in channels: 1
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