98% of all cities saw a rise in unemployment

Allen Frederick
America needed a change he cried. America needs to go in a new direction was the campaign platform. Since being elected America has indeed gone in a new direction STRAIGHT DOWN. The Dow has gone down, consumer confidence has gone down,m retirement plans have gone down, employment has gone down, and the dollar has gone down in value.

Way to go Barak. You surely are bringing America CHANGE. Pocket change.

To be fair some things have gone up as well. DEFICIT GOVERNMENT SPENDING has gone through the roof. And before long TAXES will be sure to go up. SO HOPE AND CHANGE are on the way.





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clipped from money.cnn.com

NEW YORK (CNNMoney.com) — In a sign that job losses are felt in every corner of the nation, unemployment rates rose in 98% of metropolitan areas across the country in December, according to a recent government report.

The Labor Department reported that the unemployment rates in 363 of 369 metropolitan areas rose in December 2008, compared with the same month in the prior year. In November, 364 of 369 areas reported higher unemployment rates.

The Labor Department is expected to report Friday that the economy lost another 500,000 jobs, according to a consensus estimate of economists surveyed by Briefing.com. The national unemployment rate is expected to rise to 7.5% from its current level of 7.2%, its highest rate since January 1993. 

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