Jobless rate tops 10 pct. for first time since ‘83
Unemployment rate tops 10 percent for first time since 1983; 190,000 jobs lost in October
By Christopher S. Rugaber, AP Economics Writer
On 1:36 pm EST, Friday November 6, 2009WASHINGTON (AP) — The unemployment rate has hit double digits for the first time since 1983 — and is likely to go higher.
The 10.2 percent jobless rate for October shows how weak the economy remains even though it is growing. The rising jobless rate could threaten the recovery if it saps consumers’ confidence and makes them more cautious about spending as the holiday season approaches.
The October unemployment rate — reflecting nearly 16 million jobless people — jumped from 9.8 percent in September, the Labor Department said Friday. The job losses occurred across most industries, from manufacturing and construction to retail and financial.
Economists say the unemployment rate could surpass 10.5 percent next year because employers are reluctant to hire.
Yahoo News-Jobless rate tops 10 pct. for first time since ‘83
So much for the recession being over. This is the longest unemployment increase in the past 70 years. This cannot go on for this long. I would not be surprised if the unemployment rate hits 15%.
Did Islamophobia Cause Fort Hood Massacre?
Tags: megan meier, lori drew, news, virginia tech massacre, Adolf Hitler, Eric Harris, Dylan Klebold, 9/11 Terrorists, Seung-Hui Cho, stupidity, political correctness, Nazis, Osama bin Laden, Holocaust, Columbine Massacre, jihadist, Nidal Malik Hasan, victim blaming
The Last Crusade-Did Islamophobia Cause Fort Hood Massacre?
I am glad they are bringing this stupidity up. It is the same justification that Lori Drew, Eric Harris/Dylan Klebold, Seung-Hui Cho, Osama bin Laden/September 11 Terrorist, and Hitler used.
Let’s see:
Lori Drew-Pissed that her daughter, Sarah, was not friends with Megan Meier and was taunting her, so she creates a MySpace page to harass Megan to suicide.
Eric Harris and Dylan Klebold-Felt they were bullied even though they were bullies themselves and attacked Columbine High School.
Seung-Hui Cho-Felt persecuted and said he would be martyrs for the downtrodden when he attacked Virginia Tech.
Osama bin Laden/September 11 Terrorists-Felt that America and the West were persecuting Muslims before they crashed airplanes into the World Trade Center, Pentagon, and field near Shanksville.
Adolf Hitler-Felt the Jews screwed Germany over and felt they had to be killed off in the Holocaust.
See a pattern here. Also, all of them are radical leftists, well not sure about Lori Drew though. Blaming the victim as usual. Excuses, excuses. We were all bullied at some point. I am sick of this garbage. Anyone who thinks that should get their head examined with a MRI and x-ray to see if you have a brain and soul.