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Old 01-22-2010, 03:01 PM
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Default NC unemployment sees record spike.

RALEIGH, N.C. ó North Carolinaís unemployment rate hit a historic high in December, climbing to 11.2 percent.

The stateís Employment Security Commission said Friday December marked the eleventh straight month the unemployment rate has hovered around 11 percent.

Decemberís jobless rate of 11.2 percent rose from 10.8 percent in November. While Decemberís rate may be revised later, it is fractionally higher than the previous peak of 11.1 percent in May.

The national jobless rate last month was 10 percent.

In December 2008, the state rate was 8.1 percent.

Economists forecast a weak jobs recovery this year as worried consumers hold down spending and banks limit lending to small businesses, which generate most new jobs.

I would say the actual number is approaching 20% now, counting those who have run out of unemployment benefits, is working under the table, or just doesn't file for benefits. That is a terrible amount of hard workers who aren't getting any help by Obamasama.
Peace will not be found at a MidEast table. Peace began at a MidEast STABLE, but everyone seems to deny it.
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Old 01-22-2010, 04:31 PM
JADE JADE is offline
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I don't see any real relief for another 3 years. When we vote that marxist bum out of office. Even then the damage will be too wide spread and it's going to take some real American willpower and innovation to get us back to normal.
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