August Unemployment

Unemployment
Probably the greatest labor saving device in the history of the nation
Is the present Administration.
— Ogden Nash

The Bureau of Labor Statistics released their monthly Employment Situation this morning. It showed continued job losses and put the unemployment rate at 9.7%. Quoting the report: "the number of unemployed persons increased by 466,000 to 14.9 million."



Previously:

• Unemployment Speculation
• Unemployment and the "Fair" Wage Act
• April Job Numbers
• Unemployment Later this Year
• Will Obama Reduce the Minimum Wage