Thursday, November 19, 2009

Jobless claims at half a million


It troubles me to say it, but half a million americans lost their jobs last week. Jobless claim were unchanged last week. Sadly, companies continue to shed jobs. What we need is job gains.

As american industry is shut down and move to china, fewer people can find jobs. The deinstrialization of USA is causing hardship to many workers. It is a foregone conclusion that politicians will do nothing except play the blame game.

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