What will be the unemployment number by the November election day?
I am sure Dems are lazer sharp in creating jobs. Creating jobs, what a joke. They are worrying about only one job, their own.
The official rate at this time is 9.9% with all of the adjustments to make the numbers look better, but the real unemployment rate is based on actual numbers without adjustment. We have 26.8 million unemployed with a workforce of 140.5 million. That leaves 19.1% of our entire workforce without jobs. That is up from 17.4% three months ago. Estimated at the rate which the numbers have risen in both the official and unofficial percentages, the November count could be as high as 22% unofficial and 11.5% official. Much will depend on what happens with the health care package increases to small business and if cap and trade are passed. Most of our small businesses are in severe danger of failure already and would not survive the added expense of the two bills. Small business is responsible for 50% to 55% of our jobs. If more cost of doing business is added before November, then unemployment could rise far beyond any-body’s expectations.
Lazer Sharp Circle Hooks