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Unemployment jumps to 9.4%

Submitted by Jim Brown on Fri, 06/05/2009 - 08:28
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http://www.reuters.com/article/businessNews/idUSTRE55376U200...

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9.4% freed slaves or 9.4%

Submitted by JeffD on Fri, 06/05/2009 - 10:14.

9.4% freed slaves
or
9.4% people not paying taxes

With all the rhetoric about "putting Americans back to work",I wonder who works for who again?

------------------------------------------
"All human constitutions are subject to corruption and must perish unless they are timely renewed and reduced to their first principles.'" --Thomas Jefferson

—

"A government of reason is better than one of force." --Thomas Jefferson to Richard Rush, 1820

another thing they do NOT

Submitted by SIERRAHPBT on Fri, 06/05/2009 - 10:12.

another thing they do NOT discuss is how many people are STILL on the government dole.... how many people are on the extended unemployment .... that rate is up. but they won't tell you that.

"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson

I am more concerned about the return of my money than the return on my money. --Mark Twain

—

“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)

Hey McCain-----┌П┐(◣_◢)┌П┐

Once again, we should take a

Submitted by Khomar on Fri, 06/05/2009 - 10:02.

Once again, we should take a look at ShadowStats to get a clearer picture. Using the formulas that were used before the 80's when they started to be changed for political reasons, the real unemployment figure is 20%. We are rapidly approaching the same levels as experienced in the Great Depression.

what is funny is they are

Submitted by SIERRAHPBT on Fri, 06/05/2009 - 09:59.

what is funny is they are still job LOSSES at three hundred thousand+...
The American people are Absolutly STUPID.. they have been going to Government disinformation camps (public schools) for a few generations now. that is all it took to dumb down the people...

"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson

I am more concerned about the return of my money than the return on my money. --Mark Twain

—

“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)

Hey McCain-----┌П┐(◣_◢)┌П┐

oh yeah, it's worse

Submitted by A-man on Fri, 06/05/2009 - 09:46.

The reason is simple, we just can't compete in the global marketplace anymore. As a country, we hemorage cash like no tomorrow, with little productive output to balance it out.

Back in the 80's we only had Japan to worry about. Today, we have the rest of Asia and South America to compete with, that's billions of people who will work for squat, and now have the infrastructure and technology.

So far, these countries have been subsidizing our consumption by buying our debt, but that is soon to change when they realize it's worthless.

That's when things will get real interesting around here.

Can Anyone Help Me Understand...

Submitted by IBelieve on Fri, 06/05/2009 - 08:53.

in comparison to the early 80s are things worse? I keep having this discussion with a sibling of mine who states unemployment is not as bad as the 80s (which was over 10% nationwide?) when they were looking for work. If I am correct, I believe things are much worse now. Or are they? I would appreciate if someone could clarify this so that I can "discuss" this with my sibling.

What's really worse is....

Submitted by melgesman on Fri, 06/05/2009 - 19:09.

The government lieing in relation to"the numbers". They are all manipulated behind the scenes now...meaning we don't really have a "true" picture. Also understand this...

The M3, "the money supply" and the only true understanding of inflation (which is a term measuring the growth of the money supply - not prices) has progressed this way:

1980 - $2 Trillion
1990 - $4 Trillion
2000 - $6 Trillion
2007 - $10 Trillion
2008 - $19 Trillion
2009 - $22 Trillion

The fractional reserve banking upward pressure on this hasn't even begun. When banks, which exist to lend, begin lending again (by creating more money via the push of a button)...this will balloon to over $100 Trillion. Worse now? You betcha.

Better send your friend to The Creature From Jekyll Island.

**“The man who does not read good books has no advantage over the man who cannot read them.” ~ Mark Twain **

—

"...there is no doubt that it (socialism) could not possibly have affected us so widely and so deeply as it has, had it not been heavily financed". - B. Carroll Reece

Union County SC 19.6% unemployment

Submitted by SC Ƹ̵̡Ӝ̵̨̄Ʒ on Fri, 06/05/2009 - 08:42.

".....The county's unemployment rate in February soared to 19.6 percent, just more than double the figure for the same month last year, according to the S.C. Employment Security Commission.

In a labor force of 12,379 people, 2,429 Unionites are unemployed. That means roughly one of every five workers in the county is jobless....."

http://www.goupstate.com/article/20090405/ARTICLES/904051111...

Here’s where other Upstate counties stand in March with their ranking among South Carolina’s 46 counties noted:

(3) Union 20.0%
(12) Cherokee 16.4%
(18) Oconee 14.3%
(19) Abbeville 14.0%
(23) Greenwood 13.0%
(28) Newberry 12.2%
(29) Anderson 11.9%
(30) Spartanburg 11.6%
(33) Laurens 10.9%
(t37) Pickens 9.9%
(40) Greenville 9.6%

http://www.wspa.com/spa/news/local/article/more_jobs_but_s.c...

***
Freedom is not: doing everything you want to.
Freedom is: not having to do what you don't want to do.
~ Joyce Meyer

—

Freedom is not: doing everything you want to.
Freedom is: not having to do what you don't want to do.
~ Joyce Meyer

bu bu bu but MSM says consumer confidence is on the rise

Submitted by wafflehutguy on Fri, 06/05/2009 - 08:33.

they wouldn't lie to me - would they?

Case in point: Oil hits 7-month high after U.S. jobs data

Submitted by wafflehutguy on Fri, 06/05/2009 - 08:39.

Oil rose to a seven-month high above $70 per barrel on Friday after much better-than-expected U.S. employment data pushed stocks higher and depressed the dollar.

http://news.yahoo.com/s/nm/20090605/bs_nm/us_markets_oil_33

MSM is the new Ministry of Doublethink

Well...

Submitted by Devon_Saunders on Fri, 06/05/2009 - 08:36.

Maybe they're now measuring the consumer's confidence that we're screwed.

Kinda like taking companies out of the Dow that don't help the numbers...

:)

—

~Live life to its fullest, with an open heart, open arms and most important... an open mind~

No shock there...

Submitted by Devon_Saunders on Fri, 06/05/2009 - 08:32.

that puts our real unemployment over 20%.

Good thing the experts say this will all be over this fall!

I actually agree with them, in a way. It may very well all be over.. just not in a good way.

:(

—

~Live life to its fullest, with an open heart, open arms and most important... an open mind~