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Clemons: Hindery Report on Effective Unemployment: 19.2%
Each month when I get the official unemployment figures from the US government, I quickly search in my inbox for a note from former cable network CEO and senior economic adviser in the John Edwards and Barack Obama campaigns Leo Hindery who sends me... Full Article at New America Blogs
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The 650,000 jobs created or saved by the stimulus package so far make up only a small step toward correcting the gap between the tens of millions of unemployed people and the few openings that those people are fighting over. Full Article at The New America Foundation
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More Growth Needed yglesias.thinkprogress.org 6 days ago — Paul Krugman posts a chart illustrating that 3.5 percent growth is not going to result in a rapid fall in the unemployment rate: Ryan Avent offers more context : And consider this: the last... Full Article at Beltway Blips
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If we can bail out the employees of Wall Street, we can bail out the unemployed on Main Street. And we had better do so quickly, if we don't want that rotting sound to be followed by a sudden snap. Full Article at The New America Foundation
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The contrast is staggering: While Wall Street celebrates record earnings for the fat cats at the top financial firms, the reality on Main Street is that more than one in six working Americans is now unemployed or underemployed. Full Article at AFL-CIO Blog
