Unemployment Rate Stays at 10%, 85K Jobs Lost in Dec.
Waiting for the solar-panel boom.
12:40 PM, Jan 8, 2010 • By MARY KATHARINE HAM
Maybe Ben Nelson's right and the federal government should have waited on health care in order to offer more economic incentives for new jobs.
But as it is, the stimulus has not stimulated, and the jobs numbers remain very bad.
Phil Klein looks deeper, at discouraged workers who have dropped out of the job search:
After November's slight job gain, Christina Romer calls December's numbers a "slight setback:"
Perhaps that's what the stimulus should have been about.
The White House "hides the decline" with an iffy chart, featuring a decline in average monthly job loss per quarter.
Labor Secretary Hilda Solis cites the mostly mythical "green jobs" the White House is "saving or creating:"
In a time of 10-percent unemployment, I'd wager most voters would prefer the administration focus on plain-old, regular jobs before it counts on the great solar panel boom of 2010.
The GOP notes, in this press release, how Democrats slammed Bush on jobs creation, even during his administration's times of job growth.
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