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More Than Half Million Jobs Axed in November

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Uploaded by on Dec 5, 2008

Employers axed 533,000 jobs in November, the largest cutback in 34 years. The Labor Department's report pushes the unemployment rate to 6.7 percent - a 15 year high. (Dec. 5)

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  • wait until the unemployment insurance reserves run out - people will be laid off without any relief checks coming in. THEN you'll see the REAL forclosures and inevitable depression. Hang on, it's going to be a bumpy ride. No one alive has seen anything like what's coming.

  • This figure doesnt take into acoount all the Construction worker's who are self employed. The figure is alot worse.

  • Well. I'm graduating college in May. Should I even bother job hunting? I feel like maybe 'no'.

  • is bogus. The Dept. of Homeland security will bubble fresh-water reservoirs that are wide open to biological attack.

    They will spend funds to increase train track safety to insure train cars which carry toxic chemicals, CROSS Country, are not at risk for de-railing and spilling chemicals which would kill immediately, communities where the accident might occur.

  • So again,..."Govt is a giant insurance company with a side business in defense

    (This is 90% of what government does-it's all on automatic pilot). Insurance is ARGUABLY the most tax-favored business in America because they got a tax-exemption from Congressional oversight in 1946 - it's called the Karen McPHerson Act and nobody has been brave enough to do anything about it."

    NO BAILOUT for wealthy execs.

    Furthermore, the expansion of military power over citizens under the guise of 'protecting'...

  • "Govt is a giant insurance company with a side business in defense...Health care is by far the most tax-favored fringe benefit going - it's 2 hundred billion dollars a yr that we're spending of your tax dollars to subsidize that. So, it's almost as if there's a giant vacuum cleaner that sucks everybody's pay raise and puts it over in the health care sector...that's a(tragic) thing - to take everybody's pay raise in America and put it one sector! What if we'd done that for education."

  • Bailout the big 3 automakers? "Viagra, healthcare sector"

    First comment (for public record, youtube IS deleting comments)

    I will repost what was deleted yesterday

    NO BAILOUT for the the auto industry. This ISN'T a SOCIALIST country!

    Why should we say NO to giving these CEO's our tax dollars?

    "General Motors spends $17 million

    a year on Viagra."

    The health care the big car makers

    provide its employees and retirees runs

    into the many billions of dollars a year.

  • I hate this recession.

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