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And, yes, I DO take it personally: What a load of shit - "Despite the apparent end of the Great Recession" [UPDATE]
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Sunday, November 08, 2009

What a load of shit - "Despite the apparent end of the Great Recession" [UPDATE]


if it's all the same to you, nyt, i'd like to know just who the F-U-C-K this "Great Recession" has "apparently ended" FOR...?
The American unemployment rate surged to 10.2 percent in October, its highest level in 26 years, as the economy lost another 190,000 jobs, the Labor Department reported Friday.

The jump into the realm of double-digit joblessness — from 9.8 percent in September — provided a sobering reminder that, despite the apparent end of the Great Recession, economic expansion has yet to translate into jobs, leaving tens of millions of people still struggling.

it ain't over for you, it ain't over for me, and it sure as SHIT ain't over for those poor bastards desperate for work and not finding it...


oh, yeah, let's hear it for 17.5%... what a cool number...! much more mind-blowing than 10.2%, wouldn't you agree...?
For all the pain caused by the Great Recession, the job market still was not in as bad shape as it had been during the depths of the early 1980s recession — until now.

With the release of the jobs report on Friday, the broadest measure of unemployment and underemployment tracked by the Labor Department has reached its highest level in decades. If statistics went back so far, the measure would almost certainly be at its highest level since the Great Depression.

In all, more than one out of every six workers — 17.5 percent — were unemployed or underemployed in October. The previous recorded high was 17.1 percent, in December 1982.

kee-f'ing-rist... so much for that vaunted "recovery"...

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