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alstry (< 20)

1.01.10...Still losing 500,000 jobs PER WEEK



January 21, 2010 – Comments (5)

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 

5 Comments – Post Your Own

#1) On January 21, 2010 at 9:04 AM, russiangambit (28.92) wrote:

Well, now they are telling us that January claims are higher because they are a backlog from December.

In December though everybody in the media was celebrating upcoming a recovery on the lower than expected jobless claims.


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#2) On January 21, 2010 at 9:08 AM, alstry (< 20) wrote:

It is still over 500,000 PER WEEK....many weeks a lot more, some weeks a little less......

but week after week, month after month......

at this rate, with so few hiring......the unemployment or non employment will be MASSIVE by the end of this year.

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#3) On January 21, 2010 at 9:40 AM, workfor (< 20) wrote:

Jobs will eventually come back, but wages adjusted for inflation won't. The question is... how bad do things have to get before americans are willing to work for a chinaman's wages? Change you can count on is coming!

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#4) On January 21, 2010 at 11:47 AM, miteycasey (29.00) wrote:

We lose 500,000 jobs per week in good times. We just usually add more.


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#5) On January 21, 2010 at 11:48 AM, alexxlea (60.74) wrote:

Jobs won't come back. Have fun working at a point of service ie fast food, America.

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