HDRKID

Thursday, September 10, 2009

unemployment increasing

Poor homeless tramp. photo

People our economy has now lost over seven million positions since the beginning of our severe economic recession which commence in 2007. This is more jobs than any recession since the Great Depression of the 1930's. I predicted back in 2005 that we would go over 10% unemployment before the end of the decade and we will. Number of homeless on the street will increase.Intitial jobless claims year over year are up. That means we are losing more jobs this week in 2009, than the same week back in 2008. It is a sign that things are getting worse.

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