The US loses 95,000 jobs in September. HERE. Needed to ADD 77,000-150,000 to sustain a recovery. The Democrats have spent so much and created such economic uncertainty few want to hire.
The unemployment rate is at 9.6% UNLESS you go with Gallup’s numbers and see it as 10.1% with an UNDEREMPLOYMENT rate at 18.8%.
From the wayback machine via Rove in the WSJ yesterday:
The unemployment rate, which is calculated with a separate household survey, remained unchanged at a lofty 9.6% in September. About 14.8 million people who would like to work can’t get a job. The jobless rate has been above 9.0% since May 2008, the longest stretch in a quarter-century.
Rove.com Chart When also taking into account revisions to July, the economy shed a total 218,000 in the third quarter.
Here’s the brass lining: Hiring is off, but hey, they’re not laying off as many workers! Here.
How did we get here?
