Monday, March 30, 2009

U6 Nears 15% 7 states above 10%

http://globaleconomicanalysis.blogspot.com/2009/03/double-digit-unemployment-rates-are-un.html

Very ugly numbers. Once again we need breaks on unemployment. We need to arrest the loss of jobs before this becomes a tidal wave. Looking for U3 to break 10% by the end of the year. If so all bets are off for the budget. We could see deficts soar much higher than predicted.

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