During the final days of the W administration and through out the election cycle we heard this OVER AND OVER “worst recession since the great depression.”
I notice we have not heard that since Obama has taken office. I wonder why that head line is no longer running 24/7 on CNN and on the front page of the times. I mean….we were hammer with it all the time and it assaulted our senses at every turn. I guess the one perk of Obama being in office if that we no longer have to deal with such grim headlines…..only the stark reality of Hope and Change.
Via Fox News – Unemployment Rates Hit Record Highs in 8 States
The unemployment rates in eight states hit record-highs last month and only two — Nebraska and Vermont — did not report increases.
The Labor Department says 48 states and the District of Columbia saw employment conditions deteriorate last month.
The fallout from the longest recession since World War II, was the worst in Michigan. Its unemployment rate rose to 14.1 percent.
The eight states that set records are: California, Nevada, North Carolina, Oregon, Rhode Island, South Carolina, Florida and Georgia.
The West region reported the highest jobless rate at 10.1 percent. The last time any region had a rate of at least 10 percent was September 1983, when the country was emerging from a severe recession.
Nebraska’s jobless rate dipped last month, Vermont’s was flat.
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