1.01.10...Still losing 500,000 jobs PER WEEK
Week after Week, Month after Month, Quarter after Quarter, and now year after year.
Jobless claims surge in the latest week
If you factor independent contractors who are not eligible to claim unemployment, we lost over 500,000 taxpayers last week.....over 25,000,000 last year.....over 15% of the workforce.
It explains why income taxes were DOWN over 20% last year.
The only reason unemployment is reported so low is because the BLS took millions out of the labor force and no longer counted even though the population is rising.
BASED ON CURRENT TRENDS, WE ARE ON TRACK TO LOSE ANTOHER 25,000,000 MILLION JOBS ON TOP OF THE 25,000,000 LAST YEAR.....while so few are hiring as millions of jobs are simply being eliminated.
It is not the end of the world, simply the end of a world as you know it.
As fewer and fewer are working....fewer and fewer will be able to remain in business.
Coldwater Creek Store in Seattle
Safeway Grocery Store in Pleasanton California
Our Lady of Lourdes School Closing this Summer
Mode Salon Closing Roosevelt Location
Atwood Lake Resort and Conference Center to Close Oct 1?
Quincy Castings in Logan County Ohio - 10 Jobs Lost
Commander Salamander Store in Georgetown
Johnson Furniture in Anderson SC - 3 Jobs Lost
City Lights Records in PA
Update: Abercrombie and Fitch South Pointe Pavilion Store Lincoln NE
The Stanley Car Dealership in George West Texas? - 20 Jobs Gone
Talbot's Inc Cold Spring Harbor Store
CD Alley in Wilmington NC on Jan 31
Bishop Guilfoyle Regional School in Carneys Point Salem
Deluxe restaurant, bar, and concert venue in Maplewood MO
Sherard Elementary School
Coastal Vision 3000 FL Closing, For now?
Update: Wild Birds Unlimited in Ogden NC
Ryan's Grill Buffet & Bakery on Lee Highway Chattanooga
The BP Whiting Refinery Indiana Temporary Shutdown?
Clark's Red River Marina in Northern Louisiana
The Lynchburg-Elliott Child Development Center Closed
Morse Block in Bennington VT Closing?
GM's Opel Plant in the Belgian Port City of Antwerp - 2,300 Jobs Cut
Dailey Fence and Supply
Monique's Boutique in Coca Beach FL
The Village Market in Goshen CT
Turkey Hill Location on Harrisburg Pike
Ampcor Casket Maker in LaPorte
Head start program in York County Maine to close next year
John Morrell & Co. Pork Plant in Sioux City Plans Closing this Spring - 1,500 Workers At the Plant
4 Under performing Chicago Public Schools