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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%.

Continue reading Unemployment numbers suggest we need a job stimulus program

Unemployment numbers suggest we need a job stimulus program originally appeared on BloggingStocks on Sun, 06 Sep 2009 17:10:00 EST. Please see our terms for use of feeds.

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