Friday, October 2, 2009

Job Loss: 995,000



Civilian Labor Force: 154,879 to 153,617 this month.

Employed: 140,074 down to 139,079 this month.

That's a loss of 995,000 jobs, not 263,000, and the labor force contracted by 1,262,000 people!

The participation rate was absolutely decimated, down 0.6% this last month alone. The people "not in the labor force" rose by a staggering 1,516,000 in the last month.

The government doesn't count people as "unemployed" who have given up and exited the labor force, but as I have repeatedly noted whether the government counts them or not the corner store owner sure as hell does!

The fact of the matter is that nearly 1 million fewer people were working in September as compared to August; there has been absolutely no improvement in that trend whatsoever.
LINK HERE

Tens of thousands face long wait for food stamps
LINK HERE

4 comments:

  1. I coming to this country for to find the job. Now after one year I pay for the house and make a big cleaning business. Before I no speak english, but I for coming legally from mexico. I had to do many things to come over to here correctly, and the people they say I am illegal, when I try for to do things right, and work very hard for my family.
    I think you maybe try to go to my country and for to find a job or to start the business...it is impossible to doing.

    Maybe people over here they have to much problem with the Government. I going thru hell to coming over here legally, and now I paying taxes like crazy. It's ok because my life is better. When I made the business for the recycle bottles in mexico to sell back to the beer company, the competition they come and break all the bottles in my warehouse for to put us out of business.

    This is how stupid crazy my people are down there.

    Juan

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  2. Jaun if in fact that is true, now you can join the new crusade here. Your horrible ordeals will no longer be remembered. You will be transformed to the following: a debt slaved, NO JOBS, over taxed, daily monitored, inflated priced homes and groceries, high interest credit cards, overpriced criminal bank charges, junk chinese goods, stolen identity daily frauds, crime infested, overcrowded cities, drug takedowns and soon to be: FEMA camps, no food, no housing, checkpoints, police state..oh you're going to LOVE IT HERE. WELCOME to the NEW AMERICA THE LAND OF THE FREE!

    ReplyDelete
  3. I think maybe you for to be correct, because when I was going for pay my taxes to my cleaning business, I no believe how much I oweing to California...they taking too much last time.

    Juan

    ReplyDelete
  4. What is this FEMA camping? Is this something I need to worry for?

    Juan

    ReplyDelete

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