Over a million jobs in two months.
This is going to be double digit unemployment in no time if it keeps accelerating like this. If things don’t pick up around march-april, like some are predicting, really bad stuff is coming our way.
Well I was one of those who lost their jobs in Dec.
I survived a year of unemployment during the dot com crash when Seattle umemployment reached something like 10%.
I survived that. I’ll survive this.
And I don’t think anything is going to pick up in March-April.
And I don’t think the governments current plan of spending themselves out of this recession will work either. Its going to make it worse and prolong the damage, just like their idiotic attempts to prop up housing prices where values are double or triple what they should really be.
I believe 2009 is going to be a horrible year.