Home > News > Unemployment Jumps to 9.7 Percent – Highest in 26 years.

Unemployment Jumps to 9.7 Percent – Highest in 26 years.

September 4, 2009 Leave a comment Go to comments

Jobless_rate What is wrong with these companies?  Don’t they realize that the One said that his stimulus plan worked?  They should be hiring like mad.  DAMN YOU BUSH!!!!!

The unemployment rate rose to 9.7 percent in August, the highest since June 1983, as employers eliminated a net total of 216,000 jobs.

Analysts expect businesses will be reluctant to hire until they are convinced the economy is on a firm path to recovery. Many private economists, and the Federal Reserve, expect the unemployment rate to top 10 percent by the end of this year.

Unemployment Jumps to 9.7 Percent – Political News – FOXNews.com

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