MADE IN DC: Twenty-five States Saw Payrolls Fall in September As Americans Face Longest Stretch of “Elevated Joblessness” Since 1948
October 21, 2011
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Twenty-five States Saw Payrolls Fall in September As Americans Face Longest Stretch of “Elevated Joblessness” Since 1948
Unemployment is Stubbornly High but Dem Leader Insists Private Sector is Doing “Just Fine” DC DEMOCRATS STILL DON’T GET IT: In an address to the Senate floor, Senate Majority Leader Harry Reid urged his fellow senators to pass Obama’s big-government spending package and to stop worrying about private sector jobs: “‘It’s very clear that private sector jobs have been doing just fine, it’s the public sector jobs where we’ve lost huge numbers, and that’s what this legislation is all about,’ Reid said on the Senate floor.” (Peter Kasperowicz, “Reid Says Government Jobs Must Take Priority Over Private Sector Jobs,” The Hill, 10/19/2011)
MADE IN WASHINGTON, DC: Americans desperately hope that Congress does not listen to Harry Reid as the unemployment numbers for September show that millions of Americans still suffer from a seriously frail job market: “Payrolls fell in 25 U.S. states in September, led by North Carolina and Ohio, a sign the weakness in the job market is broad-based.”
“Unemployment has exceeded 8 percent since February 2009, the longest stretch of such elevated joblessness since monthly records began in 1948. Through September, the economy had recovered about 2.09 million of the 8.75 million jobs lost as a result of the 18-month recession that ended in June 2009.” (Bob Willis, “Payrolls Declined in 25 U.S. States,” Bloomberg, 10/21/2011)###
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