Eat Your Peas: Longest Joblessness since the Depression

Last bad news of the day (last only because I'm turning off my computer):

US in the longest period of high unemployment since the Great Depression

After three years with unemployment topping 8 percent, the U.S. has seen the longest period of high unemployment since the Great Depression, the Congressional Budget Office noted in a report issued today.

And, despite some recent good news on the economic front, the CBO is still predicting that unemployment will remain above 8 percent until 2014.

The report also notes that, including those who haven't sought work in the past four weeks and those who are working part-time but seeking full-time employment, the unemployment rate would be 15 percent.

 

ugh.

Comments

[Joel]

This guy Obama is still better then 50% to win reelection. Thank you very much Republicans for giving us a shi* sandwich to eat for lunch. Romney, Gingrich, Santorum - that's the best we can do?.