In response to:

Forward: Unemployment Jumps Up to 7.9 Percent

Luckydog1 Wrote: Feb 01, 2013 9:47 AM
rgama, The austerity measures that will start in a few weeks are hurting this economy?? This economy has been hurting for 4 years. Austerity should NEVER be necessary, but the liberal governments in Europe have created a bankrupt debt that now forces them to initiate austerity measures. And we're now on our way to the same. At least the Republicans are trying to avert it now before it gets so bad that austerity measures will be much more severe like your LIBERAL friends in Europe are now initiating..

The Bureau of Labor Statistics has released the latest unemployment numbers for January. The unemployment rate has jumped back up to 7.9 percent with just 157,000 jobs being added to the economy. The number of unemployed and under-employed persons still sits at an alarming number.

The number of unemployed persons, at 12.3 million, was little changed in January. The
unemployment rate was 7.9 percent and has been at or near that level since September 2012.

In January, the number of long-term unemployed (those jobless for 27 weeks or more) was
about unchanged...

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