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11/6/09

Nation: US economy - Forget Wall Street: Double-Digit Unemployment Is Obama's No. 1 Challenge

For the complete report from the Nation click on this link

For the first time in more than a quarter century, unemployment in the United States has reached double digits. That's bad economic news for America, which has now been shedding jobs for 22 consecutive months. That's bad social news for the Americans who are out of work, for their families and for their communities, especially when we consider data that tells us 35 percent of jobless men and women have been looking for work for more than six months. And that's bad political news for President Barack Obama and the Democrats in Congress, who continue to make the mistake of treating unemployment as an afterthought rather than the most serious issue facing the nation.

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