Saturday, November 07, 2009
AP video: Unemployment Rates Top 10 Percent
Pause on this video still?
What recovery? Unemployment shoots past 10 percent. [Associated Press]
I know it ain't a good situation but like the President said, this is Econ 101 (or Ec 10 for my Cambridge peoples): it's a lagging indicator, people - a lagging indicator.
Related:
Stock Market Shrugs Off Jobs Report: BusinessWeek | Associated Press [via Forbes]
Labels: Barack Obama, Economy
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