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Unemployment to dog US economy for years: Fed official
AFP
Tuesday, Nov 10th, 2009
US unemployment, now in the double digits, may remain “high” for several years and dampen economy recovery from a brutal recession, a regional central bank official warned Tuesday.
The United States had experienced so-called jobless recoveries following the previous two recessions in 1991 and 2001, when job creation remained weak for several years following the business cycle trough.
“In both cases, output growth was less robust than in the typical recovery and, unfortunately, things seem to be shaping up similarly this time around,” said Janet Yellen, president of the Federal Reserve Bank of San Francisco.
Unemployment jumped to double digits in October for the first time since 1983, reaching 10.2 percent, although job losses narrowed to 190,000, the government said last week.
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13 Responses to “Unemployment to dog US economy for years: Fed official”
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November 10th, 2009 at 12:57 pm
a film about nwo veri-chip and the coming forced chip implantand cop media you got to watch this and pass it on – resist the mark of the beast http://www.youtube.com/watch?v=CmvCFd866R8
November 10th, 2009 at 2:02 pm
yeah, yeah, yeah, there are a ton of videos already on youtube just like that. Tell me something I don’t already know.
November 10th, 2009 at 3:11 pm
I predict a jobless French style revolution!
pitofdoom Reply:
November 10th, 2009 at 3:37 pm
I’m working on a rental from French on a gillotene & extra blades,
cause it’ll be a busy weekend soon.
Thanking about a pull the string lottery, just to appease the croud.
whitewash Reply:
November 10th, 2009 at 10:13 pm
don’t forget the stone to keep them SHarp!!……………!
November 10th, 2009 at 3:17 pm
Since the stock market is up when unemployment is up, unemployment being up means the stock market will stay up!
The fact that none that makes any sense we can just close our eyes and ignore.
Sunny Meadow Reply:
November 11th, 2009 at 5:56 am
When a corporation lays off workers, or sends production overseas, it is called ‘cost-cutting’. This ‘cost-cutting’ lowers the expenses of the corporation, making the profits look better, which in turn makes the stock more attractive. Most of the corporations today that are increasing their profits are doing so by ‘cost-cutting’ and not by actually selling more products.
November 10th, 2009 at 3:24 pm
Three job killers you have total control over. Debt, inflation, corruption. Going the wrong way fast. Audit the Fed, then put it out of our misery.
November 10th, 2009 at 5:05 pm
############### SPREAD THIS INFORMATION ###############
Wall Street criminals exposed By Marcy K.:
kaptur.house.gov/index.php?option=com_content&task=view&id=289&Itemid=1
youtube.com/watch?v=tMCZ8JeEpUw
or
fednet.net/asx/2008/kaptur092208.asx
Tim Geithner refusus to answser Brad Shermans question:
youtube.com/watch?v=rEpmRv2kAng
or
youtube.com/watch?v=_nWFfJQtoT8
HQ version: youtube.com/watch?v=Gvt1uzLv15o
Rep. Alan Grayson asks the FEDERAL RESERVE Inspector General where the money is gone..:
youtube.com/watch?v=PXlxBeAvsB8
HQ version: youtube.com/watch?v=cJqM2tFOxLQ
**********TAKE ACTION – END THE CRIMINAL RESERVE**********
Bills to be supported: S 604 and HR 1207
http://www.ronpaul.com/on-the-.....ve-hr-1207
or
http://www.campaignforliberty......d-home.php
or
http://www.auditthefed.com
Unmask the criminals
http://www.unmaskthefed.com
############### SPREAD THIS INFORMATION ###############
November 10th, 2009 at 5:16 pm
Earth and it’s inhabitants need more, not less, CO2.
More CO2 means:
* More Plant Growth
* Plants need less water
* More food per acre
* More robust habitats and ecosystems
CO2 is Earth’s greatest airborne fertilizer. Without it – No Life On Earth!
www(dot)co2isgreen.org
http://www.plantsneedco2.org
scienceandpublicpolicy.org
- – - -
[Al Whore the dickhead and Co] The criminal Banking cartel EXPOSED
youtube.com/watch?v=JrRusZOx3l4
- – - -
“Debunking David De Rothschild And The Global Warming Hoax”
youtube.com/watch?v=zN7ioCiSmtc
- – - -
Global warming or global governance?
- -Interviews of climate scientists and biologists from numerous sources who explain, step by step, why Al Gore and the global warming alarmists are incorrect. In some cases, blatantly so. It also provides evidence that the global warming agenda is being funded with tens of billions of dollars as a mechanism to create global governance. Hear from congressmen, experts and even well-known news broadcasters how global governance puts global institutions that are not accountable to the American people in control of every aspect of our economy. The U.S. government is very close to making this a reality.- -
video.google.com/videoplay?docid=3069943905833454241
or
video.google.com/videoplay?docid=4860344067427439443
www(dot)globalwarmingglobalgovernance.com
- – - -
Lord Christopher Monckton, former science adviser to British Prime Minister Margaret Thatcher says UN-climate Treaty when ratified will create A WORLD GOVERNMENT
(Full presentation of Lord Christopher Monckton, which was sponsored by Minnesota Free Market Institute mnfreemarketinstitute.org at the Bethel University in St. Paul, 14 oktober 2009)
youtube.com/watch?v=stij8sUybx0
Short part of the presentation:
youtube.com/watch?v=PMe5dOgbu40
A short transcription is found here:
infowars.com/obama-poised-to-cede-us-sovereignty-claims-british-lord
Lord Monckton’s PowerPoint presentation is available in pdf, download on this link:
(17,5 MB) [some page's of the pdf are clickable]
www(dot)friendsofscience.org/assets/documents/monckton_2009.pdf
Monckton on Fox TV
foxbusiness.com/search-results/m/27020954/british-lord-against-obama.htm
download (39,6MB)
media2.foxnews.com/102209/102209_HH_Monckton_B1200.flv
- – - -
Take a cold bath in reality by reading “A Cooling Trend Toward Global Warming.” thenewamerican.com/index.php/tech-mainmenu-30/environment/942
- – - -
[For US] TAKE ACTION
Contact your Senators and tell them to oppose Cap-and-Trade!
www(dot)campaignforliberty.com/campaigns/hr2454action.php
http://www.campaignforliberty......tition.php
Direct-email addresses, tel, fax:
ourcountrydeservesbetter.com/campaigns/stopcapandtrade
Sign:
ipetitions.com/petition/stopcaptradetax
Let them know that you don’t want a world government, a tax based on junk science, etc !
Current status: 131,860 Letters and Emails Sent So Far!!
http://www.rallycongress.com/m.....ority/2485
or (both same as above)
globalclimatescam.com/?page_id=560
nocapandtrade.com/petition
Reject the UN-Climate Treaty
(current status: 39614 signatures)
http://www.webcommentary.com/php/SignRepudForm.php
Read Instrument of Repudiation:
webcommentary.com/images/climate/repudiation72.jpg
More information: webcommentary.com/signrep.php
BOYCOTT THESE COMPANIES/SERVICES
nocapandtrade.com/boycott
(104 websites around the world of huge brainwashing activities)
globalclimatecampaign.org
November 10th, 2009 at 6:43 pm
Please boycott United Bank and Trust , in Adrian mi
They pratice unfair trade pratice !
November 11th, 2009 at 2:35 am
Over many years we have all been lied to by our Governments, but not just our Governments but many religous leaders. Many things we have been taught are not even in Scripture and millions have swallowed so many lies by these false prophets. If you are a truth seeker please visit the following web site and take the time to read some of the articles, you will be shocked.
http://www.2besaved.com
Blessings
Ben
November 11th, 2009 at 3:23 am
WE ARE SHOCKED BY THE OBAMANATION ENOUGH…THANK YOU..