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PBS - Nightly Business Report - 5 mllion jobs needed to bring the UE rate to 8%

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Post by carlch Sat Mar 05, 2011 12:25 am

The recent job numbers may be encouraging, but on the Friday Mar 4 PBS NBR episode check out the first half of the video and segment by Suzanne Pratt --- one economist reports that it will take 5 million jobs just to bring the unemployment number to 8%.

http://www.pbs.org/nbr/site/onair/latest_nbr_video_home/index.html




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Post by Guest Sat Mar 05, 2011 12:50 am

8% is not good either! By the way, carlch, how is the job going? Hope all is well!

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Post by carlch Sat Mar 05, 2011 1:05 am

Desperate, the job is going very well - I was able to jump right in and make a contribution. I'm still temping and working long hours. I'm grateful to have income again, but I'm along way from digging out of the financial hole.

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Post by Guest Sat Mar 05, 2011 1:15 am

carlch wrote:Desperate, the job is going very well - I was able to jump right in and make a contribution. I'm still temping and working long hours. I'm grateful to have income again, but I'm along way from digging out of the financial hole.

At least you are able to dig. I am happy for you! PBS - Nightly Business Report - 5 mllion jobs needed to bring the UE rate to 8% 148215

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Post by Mike473 Sat Mar 05, 2011 10:54 pm

5 million! LOL! The way they fix the #'s, UI will be 8% by July and make it there with about 250,000 jobs created. Think about it. UI dropped 1% point in the last 3 months on about 300,000 jobs created.

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