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Friday, January 8, 2010

Economy Sheds 85,000 More Jobs

Hope & change continues to be an impediment to a robust economy as the unemployment rate remains at 10%.

According to the Washington Post:

The nation shed 85,000 jobs in December, worse than expected, according to a government report released Friday that suggests the economic recovery still is too weak to lead employers to add to their payrolls.


People who have given up looking for work are not counted in the new statistics. If they were, the unemployment rate would actually be around 10.5%

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