Follow Barack Obama prior and during his tenure as the 44th President of the United States. Read about my personal observations along with every day facts as they happen. This blog will only submit factual information about the first black President, now in his 2nd term of office.
BARACK OBAMA MEMORIBILIA available right HERE at www.obamaitems.info

BARACK OBAMA IN THE WHITEHOUSE

Send E-mail to the Editor at: obamainthewhitehouse@mail.com
Click on the GOOGLE TRANSLATE BUTTON BELOW AND SELECT YOUR LANGUAGE

Search This Blog

Unemployment Rate spiking to at least 10 Percent Very Soon

Monday, June 22, 2009

It is a now known fact that the unemployment rate will spike to at least 10 percent in the next couple of months. This prediction was by President Obama himself, as he makes claim that until people start working again, the jobless rates will continue to spike. Now at 9.4 percent in the month of May, the unemployment rate is the highest in the past 25 years. Unfortunately, the analysts are claiming that the unemployment rate will not go down any time soon, and expects the high rates to continue to spike until the economy starts to pick up. The number one indicator which shows the status of the country's economic condition is the job market. When people start working, the economy will surely be on its way back, as people will again start buying merchandise, massaging the country with an influx of money.

0 comments:

  © Free Blogger Templates Columnus by Ourblogtemplates.com 2008

Back to TOP