Am I understanding this correctly?
Are we losing half a million jobs a week??
Don't be so negative. You are not counting all of the jobs saved thru the stimulus.
But we have Democratic assurances that the Billions of taxdollars we are spending today, will result in 42,000 jobs in the next 10 years.
Yes, but a smaller number of jobs are being created. So the net job loss/creation situation is still negative, but not at a half-million.
Things aren't getting worse as fast as they were, but they aren't getting much better, either.
In a sense that is right. Half a million people lost their jobs last week and filed for unemployment for the first time. However, this is not the total net loss of employment. It is offset partially by companies that are using this large unemployment situation to upgrade their employee pool. Dump the deadwood onto the public dole and hire in the best of the unemployed at a lower wage. That kind of stuff has to be going on.
No, not really. The number does not include the number of people who were on unemployment and got jobs. The actual net number of jobs lost is about 125,000 last week or about 500,000 per month.
Yes but on the bright side, Rhode Island added or SAVED 151 jobs thanks to the stimulus. How's that Hope-n-Change working out?