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Unemployment numbers suggest we need a job stimulus program

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Underneath the official numbers that we lost 216,000 jobs in August and our unemployment stands at 9.7%, are some nasty, negative data.

Look at these numbers:

  • Some 26 million Americans can't find full time work.
  • The average work week has been cut to 33.1 hours.
  • The number of discouraged workers jumped to 16.8% from 16.3% in July.
  • Part-time workers increased by 278,000 to 9.1 million.
  • Teenage unemployment is at 25.5%.

Our employment picture is in a shambles. The Obama stimulus program is not putting people back to work the way it was supposed to. We need a job stimulus program that will put people back to work and fast.

One proposal would be to use the remaining $400 billion of the stimulus money to lower taxes for businesses. However, with the present climate of confrontation, there is little hope of getting this done.

Another proposal would be to raise the minimum wage. Again this would be a difficult nut to crack.

So we wallow in never-never land. Congress must address this problem NOW and come up with some way to put people back to work.

Do you have any ideas as to how this could be done?

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Last updated: November 26, 2009: 08:35 AM

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