How's that hope and change workin out for ya??
I know that Obama did not cause this, but he sure isn't doing much to fix it. More money from the no stimulus stimulus bill went to the Arts and Humanities than it did to small business which employs over 70% of Americans. He is an extreme left liberal along with Pelosi and Reid and they are no freinds of business.
http://www.marketwatch.com/story/unemployment-rate-hits-102-in-october-2009-11-06-83100
By Rex Nutting, MarketWatch
WASHINGTON (MarketWatch) - The U.S. unemployment rate climbed to 10.2% in October, topping the 10% mark for the first time in 26 years, the Labor Department reported Friday.
Nonfarm payrolls dropped by a seasonally adjusted 190,000 in October, bringing to total number of jobs lost in the recession to 7.3 million. It was the 22nd straight decline in payrolls. Large losses were seen in manufacturing, construction and retail. Health care and temporary-help agencies added jobs. Read the full government report.
The report was worse than expected. Economists surveyed by MarketWatch were forecasting a rise in the unemployment rate to 10%, with 150,000 lost payroll jobs. See Economic Calendar.
The seasonally adjusted unemployment rate of 10.2% was the highest since April 1983.
Unemployment rose by 558,000 to 15.7 million, the government said. Of those, 5.6
I know that Obama did not cause this, but he sure isn't doing much to fix it. More money from the no stimulus stimulus bill went to the Arts and Humanities than it did to small business which employs over 70% of Americans. He is an extreme left liberal along with Pelosi and Reid and they are no freinds of business.
http://www.marketwatch.com/story/unemployment-rate-hits-102-in-october-2009-11-06-83100
By Rex Nutting, MarketWatch
WASHINGTON (MarketWatch) - The U.S. unemployment rate climbed to 10.2% in October, topping the 10% mark for the first time in 26 years, the Labor Department reported Friday.
Nonfarm payrolls dropped by a seasonally adjusted 190,000 in October, bringing to total number of jobs lost in the recession to 7.3 million. It was the 22nd straight decline in payrolls. Large losses were seen in manufacturing, construction and retail. Health care and temporary-help agencies added jobs. Read the full government report.
The report was worse than expected. Economists surveyed by MarketWatch were forecasting a rise in the unemployment rate to 10%, with 150,000 lost payroll jobs. See Economic Calendar.
The seasonally adjusted unemployment rate of 10.2% was the highest since April 1983.
Unemployment rose by 558,000 to 15.7 million, the government said. Of those, 5.6
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