Friday, September 4, 2009

Unemployement rose to 9.7%

Unemployment Futuristic as a Art Abstract Background photo

Right now unemployment is at 9.7%, up from 9.4% last month - pushing jobless rate to a 26 year high. This means that our economy is getting worse.

I mean all this talk of a recovery. What we are seeing is a further decline into an abyss. Sadly, my prediction of terrible low Christmas sales will come true because we see fewer people have jobs. Those lucky to have a job are saving money.

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