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Politics : Formerly About Advanced Micro Devices
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To: JakeStraw who wrote (272428)2/7/2006 5:29:47 PM
From: tejek  Read Replies (1) of 1576831
 
>>About 10% of the nation have given up trying to find work and many of the jobs are part-time and >>without benefits

Please post proof of your assumption.

What proof do you need? That this is the worst recovery since WW II? During the recession, the unemployment rate went up to 5.5%, one of the lowest unemployment rates for a recession in US history.

Where are we three years later.....4.7% last month. That's the first time the unemployment rate has been below 5% in three years.

Why is it taking so long to reduce the unemployment rate? Its because job creation has been anemic......the economy is barely able to produce enough jobs to keep up with the growth in the labor force.

And what about the jobs being created? Low wage jobs......jobs that pay minimum wage or just above minimum wage.

What about all the people who were getting good wages? Look above at that number of 10%.......that's where they are at.

By almost every metric, this country is worse off under the Bush presidency.
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