Friday, November 6, 2009

NYT reports: The economy is a shit show

Alright so they didn't officially say shit show. But they did say the jobless rate has hit 10.2% in October. A 26-year high. Are you kidding me? This is the same economy I'm hoping to find a new job in? Really? I was never very good at math but those odds are not good, my friends. Is there anyone employed still?

"While the pace of the job losses has slowed significantly since the peak of the recession last winter, the unemployment rate, which measures the number of people actively seeking work, continues to climb, and economists do not foresee relief until well into next year."

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