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October 02, 2009

September Unemployment Update: The Jobless "Recovery" Continues



Note how much worse it would be if we weren't losing people from the civilian work force (570,000 last month).

As we mentioned in previous posts, the labor force normally increases by ~ 150,000/month, so thatís 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%.

Obama's "tourniquet" example sounds even more ridiculous if you really haven't stopped the bleeding.

UPDATE: Joe Biden responds.

4 I have a three letter word for you: Jobs.


Posted by: Joe Biden at October 02, 2009 09:10 AM (cxGtL)

God love 'im.

Also, I denounce the racism of this post, and I'm re-banning myself. That'll teach me a lesson.

digg this
posted by Dave In Texas at 09:22 AM

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