Friday, October 23, 2009

SCREW THE DOW AND THE TEN THOUSAND POINTS IT RODE IN ON


Twenty-three states reported unemployment-rate increases in September, with three registering record job losses, according to the Bureau of Labor Statistics' monthly employment summary – Nevada (at 13.3%), Rhode Island (at 13.0%), and Florida (11.0%) all posted their highest unemployment rates since 1976, when the BLS began monitoring the rates.

The secret word is Disgust

1 comment:

Anonymous said...

High unemployment is good for the stock market. When unemployment is low, people can ask for more money from employers, which encroaches on profits. Also, high unemployment may be the best way to keep people joining the army. If that fails, we always have Jesus . . .