Old Project Avalon Forum (ARCHIVE) - View Single Post - What recovery? Unemployment shoots past 10 percent

peaceandlove · 02-10-2010, 10:02 PM

More American Propaganda

STOP HOARDING, START SPENDING!!!!

Obama report: 95,000 jobs to come each month

By PHILIP ELLIOTT, Associated Press Writer – Thu Feb 11, 8:48 am ET

WASHINGTON – The United States is likely to average 95,000 more jobs each month this year, while personal savings will remain high as credit remains tight, according to a White House report released Thursday.

Excerpt:

Indeed, even adding an average of 95,000 jobs each month, unemployment is likely to remain around 10 percent through this year and not fall below 6 percent until 2015. And while Americans are likely to save more for big-ticket items such as homes or cars, it means a slower recovery for a nation that has lost 8.4 million net jobs since this recession began in December 2007.

Complete Article: http://news.yahoo.com/s/ap/20100211/..._obama_economy

Green Stimulus Jobs Going to China?

VIDEO (2:54): http://news.yahoo.com/video/business-15749628/18059417

02-10-2010, 10:02 PM	#30
peaceandlove Avalon Senior Member Join Date: Sep 2008 Location: Turtle Island Posts: 2,776	Re: What recovery? Unemployment shoots past 10 percent More American Propaganda STOP HOARDING, START SPENDING!!!! Obama report: 95,000 jobs to come each month By PHILIP ELLIOTT, Associated Press Writer – Thu Feb 11, 8:48 am ET WASHINGTON – The United States is likely to average 95,000 more jobs each month this year, while personal savings will remain high as credit remains tight, according to a White House report released Thursday. Excerpt: Indeed, even adding an average of 95,000 jobs each month, unemployment is likely to remain around 10 percent through this year and not fall below 6 percent until 2015. And while Americans are likely to save more for big-ticket items such as homes or cars, it means a slower recovery for a nation that has lost 8.4 million net jobs since this recession began in December 2007. Complete Article: http://news.yahoo.com/s/ap/20100211/..._obama_economy Green Stimulus Jobs Going to China? VIDEO (2:54): http://news.yahoo.com/video/business-15749628/18059417 Last edited by peaceandlove; 02-11-2010 at 05:15 PM.