Unemployment: US rate stays at 9.5%
Unemployment rate in the USA is still around 9.5 %, even if jobs were lost in July.
A number of 131,000 jobs have been lost in the USA in the month of July.
The data that the Labor Department has released says that many Americans gave up looking for work.
Another issue that needs to be taken into account is that credit card purchases are also decreasing. This, in a consumption-driven economy like the one the USA has, could mean that complete recovery could still be very far away.
There are also some positive aspects in the report of the Labor Department. The work week has increased by an hour, and so have the average earnings for an hour of work. The said payment has been increased by 4 cents, to $ 22.59.
Tell me why Switzerland has a 3.5 unemployment rate and while you are at it please explain to me what kind of government Switzerland has? After you answer that my Repub friends you can kiss my white ass this government is as crooked as any government in the world. It’s no better than a fuckin communist country. Hell China is having us for dinner while our elite rob from the workers who get them rich.
“There are also some positive aspects in the report of the Labor Department. The work week has increased by an hour” That’s supposed to be good for the working class? You dumbass the extra hour is in overtime wages because one or two less people are doing the same amount of work three or four used to do… Give me a fucking break. I’d like to shove some numbers up some government officials ass!!!
At this point in our history I see no reason why we shouldn’t just torch and burn this fucking country and start anew…