Friday, September 03, 2010

The latest unemployment news... not good.

This from The New York Times:
The unemployment rate rose in August for the first time in four months as weak hiring by private employers wasn't enough to keep pace with a large increase in the number of people looking for work.

The Labor Department says companies added a net total 67,000 new jobs last month, down from July's upwardly revised total of 107,000.

Overall, the economy lost 54,000 jobs as 114,000 temporary census positions came to an end. State and local governments shed 10,000 positions. The jobless rate rose to 9.6 percent from 9.5 percent in July.
You can blame the Republicans. You can blame the Democrats. You can blame corporate greed. Or you can ask yourself if realistic policies are being put in place to fix the unemployment problem. That answer -- if it is a reasonable one -- should influence how you vote in the November midterm elections.

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