Unexpectedly: Unemployment Increases!

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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.

 


21 comments

  3. “Given the continuing misery, why did Americans re-elect Obama?”

    Because half the country is critically stupid. Just read any leftie blogs, or sites like HuffPo – if you can afford the brain cells loss required to follow their “thoughts”.

    Got any DIFFICULT questions?

  9. You ain’t seen nuttin’, yet! Just wait until Ye Olde Double Dip hits, I give it 4-6 months. Notice the year-to-year for November, and the hits keep right on coming!

    And that low groaning you hear is Germany finally realizing how freakin’ screwed they are, too . . .

  10. Ps. The good news and bad news: Bad news is Jim DeMint is quitting the Senate. Good news is Tim Scott is leading candidate to succeed him.

    Actually the best man for the job would be Mark Sanford, but he wouldn’t consider returning to DC.

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