Posted on 10/01/2009 10:27:28 PM PDT by bkopto
The unemployment rate hasn't topped 10 percent since June 1983, but it could return to that painful level soon — possibly as early as Friday, when the Labor Department issues its monthly jobs report....
(Excerpt) Read more at google.com ...
Indeed, there are millions of jobs not yet lost!
Green shoots, I say, green shoots!
YES WE CAN! ruin the economy
whatever the employment numbers are...I know the word “unexpectedly” will be used in the story
Wasn’t Porkulus supposed to keep unemployment below 8%? Wasn’t Porkulus supposed to stop the economic downturn?
Wasn’t Porkulus needed as emergency legislation, that had to be passed “right now” to keep us from having double digit unemployment and trillion dollar deficits????????
Change! Hope!
Duhhh! Real Unemployment rate is already 15%
My prediction!
Just like liberals and poll numbers, once they begin to seriously encroach upon dark territory the pollsters begin whipping out the10th... you know, 50.5% 50.1% etc...
You watch, thy will resist using the big 10% as long as they mathematically can.
Unemployment today hit 9.99999999999999997%...
This will be a MASSIVE talking point. I don’t like seeing people suffer because the teenager leading us doesn’t care about them, but we can recycle the term ‘DOUBLE DIGIT UNEMPLOYMENT’ and ride that wave to take back Congress and the White House. This is political death for Obama and Democrats right now. If we don’t have a ‘Recovery’ in any real sense of the word, guaranteed more than 50 seats will flip in the House in 2010.
Could HELL!
It’s up for my husband and my son...again...
Here come the 1970 Carter years all over again
16.8%.
These numbers are faked. It is a lot higher if you count real unemployment.
This just shows what a success the Obama Stimulus Package has been. If not for all the jobs “created or saved” by the stimulus, unemployment would be 145.3% right now. All hail Obama!
Job losses expected to slow to 167,000 in September
Unemployment rate should notch higher to 9.8%, forecasters say
Story Comments Screener (79) Alert Email Print
By Rex Nutting, MarketWatch
WASHINGTON (MarketWatch) -- The longest stretch of job losses since the 1930s probably continued September, economists say. U.S. nonfarm payrolls probably fell by 167,000 in the month to about 131 million, marking the 21st consecutive month of falling employment.
The Labor Department will report on the September employment situation at 8:30 a.m. Eastern on Friday.
It would be the smallest job loss since July 2008, and would bring the total number of jobs lost since the recession began in December 2007 to 7.1 million. While 167,000 is still a horrendous number, it is substantially better than the 741,000 jobs lost in January.
The official unemployment rate is expected to rise to 9.8% in September from 9.7% in August, according to a survey of economists conducted by MarketWatch. It would be the highest unemployment rate since June 1983.
NOW WE KNOW WHY OBAMA IS LINING UP A CHICAGO OLYMPIC ANNOUNCEMNT FOR MIDDAY TODAY.
TO DIVERT ATTENTION FROM BAD NEWS.
Then next year when a significant portion of all that stimulus money is doled out, the states will be flooded with hard cash and there will be a lot of folks with their hands out to get it. Once they've got it, everyone will be happy. That $787-billion is to make sure the Dems hold Congress in 2010. The economy be damned!
No it won’t.
They’ll redefine terms to insure that unemployment doesn’t go above 9.9%.
And the pundits will praise Obama because the news is so much better than expected....
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.