Saturday, March 6, 2010

No improvement on jobs

The February unemployment rate was unchanged at 9.7%, with real unemployment (including those no longer searching) in the high teens.

The spin is that the number of new unemployed "was less than expected", and the rate didn't increase, so it's "good news".

That's spin. Nearly one in five working age Americans don't have work.

And, despite promises, Washington is still focusing on irrelevant nonsense.

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