Barack Obama
Job hiring is down by 30% in America, as the nation's economic crisis rolls on and is rebooted. 15,000,000 people are jobless, with Gallup placing the unemployment rate at 10% and rising. What is equally sad is the price of gas rising again in America, which will affect the cost of food and other products, reminiscent of the time period the financial crisis first kicked into high gear.
U.S. Federal Reserve Chief, Ben Bernake, continues to reiterate, the current woefully abysmal job climate in America is damaging any chance of a recovery, as unemployment is high. The government has not made meaningful strides in taming the problem over the past two and a half years, leading many to wonder how long the crisis will continue and how much it will cost America when all is said and done.
STORY SOURCE
Gallup: Unemployment rate is 10%, underemployment rate surges to 19.6%
U.S. Jobless Rate Headed Back Above 10 Percent, Gallup Says
Job Openings Down 30%
14.5 million unemployed, but 3.1 million job openings
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