My list took about a minute to compile. What about the overseas issues, national debt, derivatives, commercial real estate and on and on. I agree with you, our country is on the edge and the administration has tunnel vision on health care, an issue opposed by a majority of our population.
Here is more on unemployment.
Unemployment rose by 558,000 to 15.7 million, the government said. Of those, 5.6 million had been out of work longer than six months, representing a record 35.6% of the unemployed. Later Friday, President Barack Obama will sign a law extending unemployment benefits to as much as 99 weeks in hard-hit states.
AM Report: Jobless Rate Hits New High
The New Hub panel discusses the October jobless rate data, which hit 10.2%, and whether insider trading is intrinsic to Wall Street.
The employment-population ratio fell from 58.8% to 58.5%, the lowest since 1983. The employment-participation rate fell from 65.2% to 65.1%, the lowest since 1986.
An alternative gauge of unemployment, which includes discouraged workers and those forced to work part-time, rose to 17.5%, the highest on record dating to 1995.
http://www.marketwatch.com/story/unemployment-rate-hits-102-in-october-2009-11-06-83100
