http://www.cepr.net/index.php/data-bytes/jobs-bytes/jobs-2009-09/
Unemployment reaches 9.7%
Unemployment for adult men is 10.1%
Underemployment also rose in August: "another 298,000 workers involuntarily working part-time. This number now stands at 8.9 million, or 5.8 percent of the labor force"
The stimulus has helped slow down the rate of job losses but has not been sufficient to increasing hiring.
Today's WSJ has an article titled "States Shut Down to Save Costs." If states replace furloughs with job cuts, as some conservatives advocate, we will see skyrocketing unemployment.
Cutting off stimulus spending too early will imperil the economy.
Subscribe to:
Post Comments (Atom)
-
March 11 is the anniversary for the Fukushima Daiichi disaster of 3 nuclear meltdowns, at least one melt through, and a fire in at least ...
-
The weekend edition of the Wall Street Journal reports that PG&E suffered a massive loss of control of the utility's databases, le...
-
The Brunswick nuclear power plant operated by Duke in North Carolina reported an unusual event because its surroundings were flooded. here...
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.