US Unemployment at 10 Percent

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Uploaded by on Dec 8, 2009

This month, President Obama held a jobs summit to deal with widespread unemployment. Also, the Labor Department announced that the US unemployment rate in November was 10 per cent. VOA's Martin Phillips went to the unemployment office in lower Manhattan where people who have lost their jobs sign up for unemployment compensation. He talked to people about how they are coping.

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  • "The U.S. government is the biggest impediment to job growth. Having built a small business into a big one, I can tell you that today the impediments that the government imposes are impossible to deal with. Home Depot would never have succeeded if we'd tried to start it today. Every day you see rules and regulations from a group of Washington bureaucrats who know nothing about running a business. And I mean every day. It's become stifling." --Home Depot co-founder Bernie Marcus to Investor.com

  • Thank you, globalists and marxists.

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