Tuesday, December 15, 2009

Unemployment and the Stimulus

December 4: "In a report done by the incoming Obama Administration, it was estimated that passage of a significant federal stimulus plan would keep unemployment numbers around 8%. Without federal relief, the report projected that unemployment would grow to over 9%.

Now, almost a year after the report was released, national unemployment sits at 10% despite the approval of a massive $787 billion stimulus bill."

No comments: