Unemployment Discussion

[kenshirley]

They kicked some 250 tenters out of Sacramento the other day.
I guess the county or city did not want to face the truth and just deal with it.

[junker]

about a month ago they had a breakdown by county in the local paper for california counties, almost half were up around 15% a few were even higher 17% and i am sure its higher now, in riverside county i hear they have a tent city at a local walmart parking lot that is completely filled...i have a friend that lives in a rural area there, and she says routinely she gets people knocking on her door asking for food...

[AngelinaCatHub]

Michigan has over 15% unemployment rate.
We have over 30+ homes in foreclosure.
There are 7 homes on our small street for sale or lost already.
Sad time for our country (people) with many suffering more than we know.

The current Govmint is constantly extending unemployment payments to keep the simmering pot's lid on. The day will come when that lid flies off, and the stit hits the fan. 'Hub

[kenshirley]

I am assuming that you meant 30% of the homes.
I know, it's starting to improve a little in AZ, but many neighborhoods in Phoenix had abandoned homes and foreclosed homes all over.
Now they are starting to sell, mostly to speculators who think they are going to make money of course at this point.
And the rich get richer.

[Michigan1951]

Michigan has over 15% unemployment rate.
We have over 30+ homes in foreclosure.
There are 7 homes on our small street for sale or lost already.
Sad time for our country (people) with many suffering more than we know.

[MSbklawyer]

The 10.2% rate isn't even an accurate rate either! The unemployment rate is probably around 12% nation wide.

True. Those "official" numbers don't count a lot of things.

--A person with an accounting degree tending bar because he can't find anything in his field is not unemployed.

--A person who has been unemployed so long that he's just quit looking for employment is not unemployed.

[HRx]

Unemployment is rising and so are gas prices!!! lol

[HRx]

Actually that report was followed up by a so called expert that said that it's really more like 10% if you count the people that are no longer on the rolls.

that's correct...certain groups are excluded from the data that produce.

[nc73]

[kenshirley]

I saw problems with the banking industry and the stupid loans there were doing some 5-6 years ago.
I never dreamed it would get to this stage though.

[AngelinaCatHub]

I said it before when it was 9%. Jobless 10%, unemployment up 10%, bankruptcy up 10%. Figures don't lie. 'Hub

[kenshirley]

Actually that report was followed up by a so called expert that said that it's really more like 10% if you count the people that are no longer on the rolls.

[HRx]

The 10.2% rate isn't even an accurate rate either! The unemployment rate is probably around 12% nation wide.

[kenshirley]

They just announced on CNN that the unemployed are now at 10.2% nationwide.
And the fat lady isn't warming up either.
It's not over yet folks!