The Other McCain

"One should either write ruthlessly what one believes to be the truth, or else shut up." — Arthur Koestler

Unexpectedly: Unemployment Increases!

Posted on | December 6, 2012 | 21 Comments

Can we endure four more years of this?

U.S. unemployment, as measured by Gallup without seasonal adjustment, was 7.8% for the month of November, up significantly from 7.0% for October. Gallup’s seasonally adjusted unemployment rate is 8.3%, nearly a one-point increase over October’s rate.

Ed Morrissey comments:

The economy is shedding jobs at roughly the same rate as we’ve seen for [the past 18 months], and it’s not generating jobs quickly enough to give those workers enough options other than unemployment.

Given the continuing misery, why did Americans re-elect Obama? Jeff Goldstein at Protein Wisdom has a few thoughts on that subject. Speaking of economic hardship, Jeff is rattling the tip jar as an alternative to seeking shelter with “an extended family of self-sufficient pioneer types.”

It’s already overcrowded here — all these city slickers running from the revenuers, and Lindsay Lohan is likely to show up any minute now — so readers probably ought to go hit Jeff’s tip jar.