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Jobless Rate Climbs to 9.5%, Deflating Recovery Hopes
Jobless Rate Climbs to 9.5%, Deflating Recovery Hopes
The American economy lost 467,000 more jobs in June, and the unemployment rate edged up to 9.5 percent in a sobering indication that the longest recession since the 1930s had yet to release its hold.“The numbers are indicative of a continued, very severe recession,” said Stuart G. Hoffman, chief ...
Mike Lux: Jobless Non-Recovery
huffingtonpost.com — I hate the phrase "jobless recovery." If people are not getting decent employment, there is no such... thing as a recovery. It doesn't matter if corporate profits go up, if the Dow Jones rebounds, if Goldman Sachs honchos got record bonuses, if the ... Mike Lux: Jobless Non-Recovery
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Unemployment Rate Still Thriving!
Wonkette » top — ... When our beloved Labor Department reported a 9.4 percent unemployment rate in May, people high-fived each other in the streets because it seemed we had reached the true pinnacle of unemployment success. Who would have thought we’d be able to do ourselves one smidge better? And yet! ...

Michael Jackson: the real GOAT....
Other Music from a... Different Kitchen — ... or look at the twitter feed box in the menu bar at the left hand side, you may not know that I've made a major move from New York back to my hometown of Toronto after over 15 years! I could get into why but this is not that kind of blog and I'll just leave it at, "Its the economy, stupid!" ...

White voters and Obama's slide in the polls
Salon — ... his speech to the Muslim world in Cairo. July 1: Unemployment reaches 9.5 percent. July 13: The Senate Judiciary Committee begins confirmation hearings for Sonia Sotomayor. July 15: Sen. Tom Coburn ...

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