The worst is yet to come 1

Loading...

Sign in or sign up now!
Alert icon
Upgrade to the latest Flash Player for improved playback performance. Upgrade now or more info.
2,978
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Nov 18, 2009

The worst is yet to come: Unemployed Americans should hunker down for more job losses
BY NOURIEL ROUBINI

Sunday, November 15th 2009, 4:00 AM

Think the worst is over? Wrong. Conditions in the U.S. labor markets are awful and worsening. While the official unemployment rate is already 10.2% and another 200,000 jobs were lost in October, when you include discouraged workers and partially employed workers the figure is a whopping 17.5%.

While losing 200,000 jobs per month is better than the 700,000 jobs lost in January, current job losses still average more than the per month rate of 150,000 during the last recession.
http://www.nydailynews.com/opinions/2009/11/15/2009-11-15_the_worst_is_yet_to...

Category:

News & Politics

Tags:

License:

Standard YouTube License

  • likes, 1 dislikes

Link to this comment:

Share to:
see all

All Comments (4)

Sign In or Sign Up now to post a comment!
  • Make $200/hour on YT. Watch the presentation & sign up at vortexcreator*com for a FREE account using the Affiliate Code: DOIT. Don't delay, get started NOW. I'll show you exactly how!

  • This is what the bankers want is one currancy and one goverment DAH. It's all about control of the people we are just salves to these asshole's.

  • Where is roubini?

Loading...

Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more