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...
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brzeeful 6 months ago
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.
nas4x 2 years ago
Where is roubini?
jeremyrose 2 years ago