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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (565227)5/8/2010 2:40:24 PM
From: jlallen3 Recommendations  Read Replies (1) | Respond to of 1574098
 
Biggest monthly job increase in four years, but unemployment rises to 9.9 percent

.... A few more cautionary notes against irrational exuberance:

First, House Republican Whip Eric Cantor notes that “even if the economy added 250,000 jobs every month, it would take nearly five years to get back to full employment.”

Second, Diana Furchtgott-Roth of the Center for Employment Policy at the Hudson Institute notes that “The percent of the unemployed who were out of work for six months or more rose to 45.9%, the longest since the Bureau of Labor Statistics started keeping track of these data in 1948.”

Read more at the Washington Examiner: washingtonexaminer.com