Friday, December 3, 2010

Unemployment Jumps to 9.8 Percent, a Sign of Slower Recovery

The unemployment rate jumped in November and rose to 9.8 percent from 9.6 percent, creating only just 39,000 jobs last month.

The longer unemployment remains high the greater threat to the nations economic security, as this places further strain on an already ballooning federal debt. The high unemployment places further pressure on Congress as the debate intensifies on whether to extend all of the Bush era tax cuts now being debated.


This should be no surprise to anyone as small businesses across the nation are reeling from actions by governments of all level's; help small business and you help America.

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