Every week more numbers come out to reveal another level of ugliness in this economy. Today comes this article from CNNMoney.com. The state that speaks volumes: Every state had an unemployment rate in October that was higher than a year ago, and every state has lost jobs over the course of the year. The recovery from this recession is going to take a long time as the hole keeps getting deeper. I think it is safe to say that the unemployment rate is higher then what is being reported: Unemployment rates, which are taken from a separate survey, tend to rise even as the employers start hiring again, because the… Read More
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