The Early Shift

Posted by vriz on 07/17/2009

And the word of the day is… jobs.  June regional and state unemployment figures came out today and the picture is far from rosy.  Thirty eight states and the District of Columbia recorded further increases in unemployment last month. Looks like it will be a long time since the employment situation for Americans improves.  Some experts, the former Federal Reserve Governor Laurence Meyer for one, say that the U.S. won’t see the return to “full employment”—a jobless rate around 5%,-- for another 6 years. That’s probably why thousands try to get into the job fair held by the federal government agencies.  Stability and good benefits sound very attractive in these uncertain times.  And there’s certainly no shortage of uncertainty for the health care reform.  The CBO just came out with their cost assessment of the various reform proposals pending on the Hill: the plans fail to reduce healthcare costs, and some would actually increase them.  Hmmm…..

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