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Forward: Unemployment Jumps Up to 7.9 Percent

rmt5 in MA Wrote: Feb 01, 2013 11:00 AM
More people unemployed? According to Nancy Pelosi that should lead to an economic upturn because paying unemployment benefits and doling out food stamps stimulates the economy. We've never had it so good!
Ronald Reagan Fan Wrote: Feb 01, 2013 11:11 AM
Obama's new food stamp policies have stimulated the whiskey, pornography and prosititution industry (that operates in girlie joints).

However there are millions of truly needy Americans who were entitled to food stamps under Bush who cannot get stamps under Obama-due to Obama's new policies.
Carl469 Wrote: Feb 04, 2013 12:07 AM
I've seen a lot of construction cranes in recent months. Something out there is getting built.

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...

Related Tags: Unemployment GDP jobless rate