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Friday, March 27, 2009

Tough News

Not the best news for a beautiful Friday afternoon.

Yahoo: 7 states see jobless rate top 10 percent
Michigan...12 percent
South Carolina...11 percent
Oregon...10.8 percent.
North Carolina...10.7 percent
California and Rhode Island tied for fifth place at 10.5 percent each.
Nevada...10.1 percent.

1 comment:

Glynn Kalara said...

NJ is almost there as well. My county is at 11% and rising fast. I think before this is all over we'll see 15% plus official which will mean 25% or higher in reality. It's a disaster Mr. BV$H et al.,left behind. Did u see Krugman's article about the Obama bail-out plan. He's pissed, thinks it's just throwing good $$ down the same old rat hole. I agree. Why Geitner thinks his hedge fund pals won't just disappear with the 1 trillion is beyond me? Seems that Obama is putting his faith and our kids $$ on the hope that the same crowd that caused this fiasco will somehow change their spots now.I think they'll just take the $$ and run. Most of this $$ will stimulate an economy alright but not ours. China, India , Brazil maybe, but not the good old USA.