Joblessness
Well here is a nice thought for the Fourth of July weekend: your current American recession is losing the war on joblessness better than the last four recessions! This particular facet of American Exceptionalism will be buying you slobs your hobo chicken stix from now on, please mail your letters there. The bleak job growth news [...]
Here is an example of Joe Biden saying something that’s basically common sense advice, but it still sounds kind of jackass-y because, well, Joe Biden is saying it about the nation’s desperate jobless people. Asked what the nation’s 25 million unemployed and underemployed people should do, what with the jobless rate basically unchanged (and terrible) [...]
Good news for the U.S. job market: The unemployment rate miraculously dropped from 9.8% to 9.4% in December, the biggest one-month drop in the official jobless rate since 1998! Coincidentally, this plunge in the number of Americans desperately seeking work coincides with more Americans dropping out of the labor force entirely, because there aren’t even [...]
In these difficult times, when it seems everything is declining — corporate profits, individual incomes, assorted varieties and levels of a thing we used to call “hope” — one thing grows ever larger and more robust: our unemployment rate. Let’s hear it for the magical number 9.5, for that is the percentage of Americans who [...]
NO JOBS LEFT TO LOSE: New jobless claims fell this week, hooray, due to the number of jobs in the US forming an asymptote with zero. Continuing jobless claims, meanwhile, are just staggering and awful, a wretched 5.47 million and counting. Start growing your Victory Gardens now, because otherwise you might not have food next [...]
Well here is some cheerful news for a Thursday! Everybody and their mom likes to file unemployment claims these days, on account of the no jobs anywhere, but the claims take forever to be processed because everybody at the unemployment office got laid off due to lack of funding.
