GeorgeHWBush posts

Feed

Unemployment for Bush appointees is 10 times national rate

This week, Texans watched a meteorite burn up in the atmosphere leaving a few glowing pebbles in the scrub for astronomers to recover. It turns out that when 3,000 people accepted positions in the Bush administration, they thought they were hitching their career wagons to a star. Now, it looks more like their careers were attached to that flaming out meteorite instead. How so?

With the national unemployment rate at 7.6%, the unemployment rate among those Bush appointees is 75%. Or put another way, only about 25% of those 3,000 folks have found jobs. It turns out that this unemployment rate is much higher than for former Presidents Ronald Reagan, George H.W. Bush and Bill Clinton staffers -- about half of which had jobs within a month of leaving their government posts.

Continue reading Unemployment for Bush appointees is 10 times national rate

Symbol Lookup
IndexesChangePrice
DJIA-74.9212,454.83
NASDAQ-1.852,837.53
S&P 500-2.861,317.82

Last updated: May 26, 2012: 11:31 PM

Hot Stocks

General Electric

19.20-0.05(-0.26)

Alcoa

8.630.00(0.00)

Apple Inc

562.29-3.03(-0.54)

Google Inc 'A'

591.53-12.13(-2.01)

Bank of America

7.15+0.01(+0.14)

Wal-Mart Stores

65.31+0.24(+0.37)

Exxon Mobil Corp

82.08-0.53(-0.64)

Ford

10.60+0.01(+0.09)

Citigroup

26.47-0.19(-0.71)

IBM

194.30-1.79(-0.91)

Yahoo

15.36+0.01(+0.07)

Starbucks

54.56-0.20(-0.37)

Microsoft

29.06-0.01(-0.03)

Home Depot

49.44-0.27(-0.54)

DailyFinance Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

Page Loaded in 1338089480469 ms.