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The New Underclass and Barack Obama - Finally some truth!!!
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The New Underclass and Barack Obama - Finally some truth!!!
by Guest Fri Mar 04, 2011 6:43 pm
Drilling a bit deeper and moving beyond the 8.9 percent unemployment rate and 192,000 jobs created, here is what I found:
1. The U.S. labor force remains as small as it has been in a generation
2. More than 5 million Americans have disappeared from the job rolls
3. If the labor force was currently at 2007 levels, the unemployment rate would be a whopping 12 percent – the worst since the Great Depression.
http://blogs.reuters.com/james-pethokoukis/2011/03/04/the-new-underclass-and-barack-obama/
Guest- Guest
Re: The New Underclass and Barack Obama - Finally some truth!!!
by Guest Fri Mar 04, 2011 8:11 pm
Where is my job, Speaker Boehner! Look at those 3 stats above and tell me the economy is improving! I have never been out of work this long in my life. When is it going to end?
Guest- Guest
Re: The New Underclass and Barack Obama - Finally some truth!!!
by Jobless_in_Ma Fri Mar 04, 2011 8:14 pm
Didn't you hear? The recession is over and the unemployment rate is dropping. Now get off your lazy butt and get a job that doesn't exist. 
Jobless_in_Ma- Administrator
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Re: The New Underclass and Barack Obama - Finally some truth!!!
by Guest Fri Mar 04, 2011 8:16 pm
Jobless_in_Ma wrote:Didn't you hear? The recession is over and the unemployment rate is dropping. Now get off your lazy butt and get a job that doesn't exist.
Yes, I will get a job that doesn't exist in my fantasy land. Apparently, that is where the BLS statisticians live!
Guest- Guest
Re: The New Underclass and Barack Obama - Finally some truth!!!
by exhaustedandtired/1208 Fri Mar 04, 2011 9:52 pm
we are through the recession and millions of jobs are being created. Its all behind us now!
Obama speech today on KET network!
Obama speech today on KET network!
exhaustedandtired/1208- Member
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Re: The New Underclass and Barack Obama - Finally some truth!!!
by TR11005 Fri Mar 04, 2011 10:00 pm
So as more people come off the extensions the lower the Unemployment Rate. If any bill passes that adds extra weeks then the Unemployment Rate goes back up. You would think the Republicans would be in favor of this, because this would make Obama look worse. 
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