U.S. job losses soar, jobless rate at 14-year high

Re:U.S. job losses soar, jobless rate at 14-year high by tjic on Friday November 07, 2008 @02:40PM (#357000)

14 year high?

Wow.

Bush has finally let the unemployment rate get almost as bad as it was under Clinton...

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Re:U.S. job losses soar, jobless rate at 14-year high by tom_rath on Friday November 07, 2008 @02:46PM (#357004)

When Clinton _started_ his Presidency.

I'm guessing you're too young to remember the whole "It's The Economy, Stupid" theme behind Clinton's first-term campaign.

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Re:U.S. job losses soar, jobless rate at 14-year high by gjm on Friday November 07, 2008 @04:17PM (#357096)

Yup. See, e.g., page 6 of http://www.policepay.net/pdf/usecon.pdf. Unemployment had a local maximum in 1992 and then went down every year until 2000.

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