Friday, January 08, 2010

Yep- we lost more jobs in December

I guess it is official, the jobs reports got worse for the month of December than most professionals thought would happen.

85,000 jobs lost- unemployment stays at 10.0%

This was the sickening part of the jobs report:

For the whole of 2009, the economy shed 4.2 million jobs, the department said

Job loss totals since Obama became President and we were promised that unemployment would not go above 8%:

3.6 million

Remember the stimulus was slammed through with the promise that unemployment would not go above 8%. Passing the $787 billion stimulus was supposed to save us.

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