Another month, another 190,000 jobs lost. National unemployment rate now at 10.2%

Nov 06, 2009 21:31

The Department of Labor's employment data for the month of October was released today. It seems the nightmare isn't over. Oh no, my children, it seems the nightmare has only just begun.

The following is from an article that appears today on Bloomberg.com:

By Timothy R. Homan ( Read more... )

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Comments 11

silver November 7 2009, 07:48:54 UTC
Some people are pulling up stakes and moving to where they think the job prospects may be brighter. Beth Rubin, 41, lost her position as a receptionist at the law firm Goldstein Bershad & Fried, PC in Southfield, Michigan, in October. The resident of Ferndale, a Detroit suburb, is now selling her furniture and moving to Georgia. “I’m looking to get a job in Georgia, and I don’t know about the job market there, but I can tell you Michigan is horrible,” Rubin said in a telephone interview.

Forget that. If I were her, I would've moved to North Dakota. Lowest unemployment rate in the country. If I had the means, I'd do the same. California is in bad shape, too. Not as bad as Michigan, but still, pretty bad.

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fifmeister November 7 2009, 07:52:51 UTC
*shoots self*

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(The comment has been removed)

stickplus1 November 7 2009, 17:46:16 UTC
Though that raises the question of just how bad things would be now, if it weren't for the government's efforts.

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byrthebb November 7 2009, 14:35:22 UTC
Ah yes!! Change we can believe in! Yep! That's working for us, ain't it?*

*Sarcasm intended.

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john_holton November 7 2009, 18:31:38 UTC
Chump change we can believe in!

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crescentwishes November 8 2009, 02:36:31 UTC
Lol, to risk myself being seen as a raging liberal:

like the *other* candidate would have done better. The country was going to hell in a handbasket, regardless of who was in charge.

Just sayin'.

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hybrid_xisha November 9 2009, 02:28:08 UTC
You are so right, crescentwishes. The US--hell, the world in general, is going downhill fast, and one of the very reasons is because most of us are too busy blaming others to admit we're causing a lot of the downward slide ourselves. :/

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toboe_lonewolf November 8 2009, 04:02:32 UTC
So that's why my interview went to hell in a handbasket!

:D

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hiddensinful November 9 2009, 18:47:20 UTC
I was just thinking the same thing

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