Friday, September 4, 2009

Unemployment 26 Year High


We keep hearing the experts talk about how we are turning the corner on the "recession" but at the same time, we see reports that counter their claims. Yesterday we reported that a record number of people, to the tune of 35 million, receive food stamp benefits. Today other numbers have been released and it confirms something the public already knows; things aren't looking good out there.
CNN money just reported that unemployment are at a 26 year high. The report from which the numbers came also show 9.1 million under-employed, working part-time jobs because they are unable to find full time employment. In truth, we all know that there are many people that slip through the statistical stats, like those who are ineligible for benefits, those for whom benefits have run out, and the under-employed.

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