Thursday, January 20, 2011

Unemployment Getting Worse

The unemployment jumped from 35,000 to 440,000 on January 8th. Applications had fallen to their lowest level in 2 years. This reflect the number of layouts and also the number of companies not willing to hire. But there are still millions more who are receiving benefits under emergency federal programs.


This is sad and also very confusing. Everyone is trying to tell us that the recession is gonna be over soon but then a second later they're going back on that to tell us that it's worse. I'm just glad that I live in Alexandria, I've never once encountered a homeless man in this town, this town has it good when it comes to crisis like this.

Source:
http://www.msnbc.msn.com/id/41054475/ns/business-eye_on_the_economy/

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