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With the Feds creating historic joblessness, they are now going to make it even higher. Thanks to the "sensitivity" of Democrats, more poor people will lose their jobs, fewer youths will get their first jobs.
Raising the minimum wage is a job killer. In the face of a government caused recession, the job market has collapsed.
"Also in June, the U.S. job market shed 467,000 jobs, compared to a loss of 322,000 jobs the month before. Altogether, the U.S. economy has lost nearly 3.4 million jobs in the first half of 2009, which is more than the 3.1 million lost during all of 2008.
Many workers have taken jobs that pay far below what they're used to. Other people have given up looking. The number of people who have been unemployed for more than six months has reached nearly 4.4 million, meaning that benefits for some of the unemployed have expired."
Watch out for the August unemployment numbers--certainly the September ones--we will see a rise in the unemployed, in raw numbers--thanks to government.
More...
Raising the minimum wage is a job killer. In the face of a government caused recession, the job market has collapsed.
"Also in June, the U.S. job market shed 467,000 jobs, compared to a loss of 322,000 jobs the month before. Altogether, the U.S. economy has lost nearly 3.4 million jobs in the first half of 2009, which is more than the 3.1 million lost during all of 2008.
Many workers have taken jobs that pay far below what they're used to. Other people have given up looking. The number of people who have been unemployed for more than six months has reached nearly 4.4 million, meaning that benefits for some of the unemployed have expired."
Watch out for the August unemployment numbers--certainly the September ones--we will see a rise in the unemployed, in raw numbers--thanks to government.
More...