Unemployment numbers suggest we need a job stimulus program

Filed under: Employees, Economic data, Small business, Recession

Underneath the official numbers that we lost 216,000 jobs in August and our unemployment stands at 9.7%, are some nasty, negative data.

Look at these numbers:

• Some 26 million Americans can't find full time work.


• The average work week has been cut to 33.1 hours.


• The number of discouraged workers jumped to 16.8% from 16.3% in July.


• Part-time workers increased by 278,000 to 9.1 million.


• Teenage unemployment is at 25.5%.

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Unemployment numbers suggest we need a job stimulus program originally appeared on BloggingStocks on Sun, 06 Sep 2009 17:10:00 EST. Please see our terms for use of feeds.

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