Wednesday :: Apr 29, 2009

Pandemic Unemployment, Too

by Turkana

One pandemic appears to be imminent. Another already is happening.

From the Associated Press:

Unemployment rates rose in all of the nation's largest metropolitan areas for the third straight month in March, with Indiana's Elkhart-Goshen once again logging the biggest gain.

The Labor Department reported Wednesday all 372 metropolitan areas tracked saw jobless rates move higher last month from a year earlier. Elkhart-Goshen's rate soared to 18.8 percent, a 13 percentage-point increase. That was the fourth-highest jobless rate in the country.

The worst unemployment rate since Reagan.

The national unemployment rate soared to 8.5 percent, a quarter-century high, in March.

Conservatives always said Bush was Reagan's heir. They were right.

Turkana :: 2:04 PM :: Comments (12) :: Digg It!