Last week 418,000 more people filed for first time unemployment as the overall unemployment rate sits at 9.2 percent. However, as John Ransom over at Townhall Finance points out:
When you take into account those who have stopped looking for work are underemployed or don’t qualify for unemployment, the number’s closer to 16 percent unemployment
This is the fifteenth straight week of more than 400,000 unemployment benefit filings. The problem: Uncertainty
Katie Pavlich
Follow @twitterapi
| Katie Pavlich is the News Editor at Townhall.com. Follow her on Twitter @katiepavlich. She is also the author of Fast and Furious: Barack Obama's Bloodiest Scandal and the Shameless Cover-Up.
“ABSOLUTELY DEVASTATING! Intrepid investigative journalist Katie Pavlich rips the lid off Team Obama’s murderous corruption and anti-Second Amendment zealotry" says Michelle Malkin. "Katie Pavlich draws back the curtain on a radical administration that put Mexican and American lives at risk for no discernible reason other than to advance an ideological agenda." - David Limbaugh Buy Katie's book today and help us keep the pressure on Obama and his attorney general Eric Holder and expose the cover-up. |
