Friday, December 04, 2009

Unemployment rate trickles down to 10 percent

The nation's unemployment rate slipped down to 10 percent in November. This is encouraging news, it was at 10.2 percent in October, but the celebrations will be minimal, since many of the new-hires are seasonal workers. And sadly, many Americans have given up looking for new work.

Once again, I have to bring this up this fact. When the Democrats were pushing their $787 billion stimulus bill earliers this year, they said that the unemployment rate would not exceed eight percent.

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