We Have a New Home! Please Click Below to Go to the New Freedom’s Lighthouse!

freedomslighthouse.net

Blog Archive

Thursday, January 14, 2010

Weekly Unemployment Claims Rise; Now 6.4 Unemployed Workers for Every Job Opening - Video 1/14/10


Here is video on the news that first-time weekly unemployment claims rose more than expected, with 11,000 people filing instead of the expected 3,000.

Former Labor Secretary Elaine Chao discusses the numbers, and points out that small businesses do not have confidence in the policies coming out of the Democrat-controlled Congress and Obama Administration. Chao said, "Increased taxes, punitive beaucracies, more Government mandates, and a huge-huge Federal Deficit," have created lack of confidence in the future.

Chao said the Labor Department reports that for every job opening, there are now 6.4 workers looking, up from 6.1 last month, and up from 1.7 when the recession began.

0 comments:

  © Blogger templates Newspaper III by Ourblogtemplates.com 2008

Back to TOP