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January 08, 2005

Jobs - The Other Numbers

Despite attempted rosy interpretations of jobs and the economy, the US unemployment numbers are still incredibly high. As the NY Times points out,

As of November, about 1.8 million, or one in five, unemployed workers were jobless for more than six months, compared with 1.1 million when the recession officially ended in November 2001.

Further, even real economic Conservatives (as oppossed to the Neo-Fascists headed by Bush) are concerned,

"Usually at this point in a recovery, job creation is skyrocketing, but so far that hasn't happened," said Kevin A. Hassett, economic director at the American Enterprise Institute for Public Policy Research, a conservative organization. "It's not a partisan issue, it's a fact. The labor market is worse than in the typical recovery."

Read more here.

Posted By Jim Biederman | January 8, 2005 10:50 PM | DIGG ME!

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