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Unemployment Rate Tops 10 Percent

On 11.06.09, In Economy, by Financial Wisdom

A man who promises everything can deliver on nothing! I’m surprised that a majority of the American people are so stupid and blinded they would actually support such a person. Back in February 2009, Obama claimed that if stimulus package was passed that the unemployment rate would not exceed 8 percent. Obviously, [...]

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Unemployment Rate Hits 7.2 Percent

On 01.09.09, In Economy, News, Political, by Financial Wisdom

The Labor Department reported job losses of 524,000 in December and a 7.2 percent unemployment rate, the highest in 16 years. There were job losses in every month in 2008, with 2.6 million jobs loss, making it the single worst year of nominal job losses in over 60 years (since 1945). The media [...]

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Most Jobs Loss in 34 Years – 533,000

On 12.05.08, In Economy, Political, by Financial Wisdom

The economy shed 533,000 jobs in November, according to a government report Friday – bringing the year’s total job losses to 1.9 million. November had the largest monthly job loss total since December 1974. The unemployment rate rose to 6.7% from 6.5% in October, the highest unemployment rate since October 1993.
There’s a good [...]

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