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Posted By TimALoftis 1 year, 7 months ago in Business & Finance

At the same time, the national unemployment rate rose from 4.8 percent to 5.1 percent, the clearest signal yet that the economy may already be in a recession.

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    TheVisionary1 year, 7 months ago

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    I was trying to figure out if this is a scary time to graduate (I still have a year left, but I know quite a few friends that are graduating.) But perhaps it's not a bad time since if businesses do need to hire they might look for those with a bit less experience simply because they can pay them a lower salary...maybe. Maybe I'm just being optimistic.

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      Alexia1 year, 7 months ago

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      Optimism is good, it's just a shame that you have to think in these terms.

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        Beeboppin711 year, 7 months ago

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        I really think that it has a lot to do with your major. Hopefully you're in healthcare or education.

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          mark-stevens1 year, 7 months ago

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          Education... yeah, they're always hiring teachers.

          Electricians for Con Ed make $54 an hour. UPS drivers start at $27.50

          You went to college to avoid having a real job.

          If you had really wanted to work you would have majored in a technology, and not be worrying about a job now!

          to rub salt... I barely graduated from high school. By the time I was 32 I owned a company worth millions... also, in my forty years since being a high school graduate, I have logged less than two years as being somebody's employee.

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            browntiger1 year, 7 months ago

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            Right, stop spreading your lies.

            UPS part time starts at $8.50. U- $9.50/hour.

            Driver salaries start at $14.10.

            Good luck starting technology, heck any business today from scratch.

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          mark-stevens1 year, 7 months ago

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          I'm surprised that America still had 80,000 jobs, unless they're counting the lawn mowing jobs the illegals had.

          Did you know that the Bush administration gives tax incentives for out sourcing... all of you that voted for Bush... I will not lose sleep if you lose your job and house. Any one with a brain could see this coming before he ran for re-election.

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            browntiger1 year, 7 months ago

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            >I will not lose sleep if you lose your job and house.

            Same here, when repukes loose jobs, I think of that as of sweet justice. Republicans can not govern period. They can steal, loot, give public funding to they cronies.

            They claimed goverment can not work. Now they proved it.

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            browntiger1 year, 7 months ago

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            I am 12 years out of college. But 6 moth prior graduate start job searches. Don't wait.

            The longer you are w/o job than harder it is to find one. Six or so month on your first job - perfect time to switch to better salary. Don't feel bad about leaving one. Look for No 1. Companies have crooked managers and incompetent executives to look for own interests.

            Unless something is done about crooked republican myth of "free trade", economy will just keep getting worth. Any job can be offshored outsourced replaced by monkey.

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            Wil1 year, 7 months ago

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            Wow. Thanks, George W. Bush and cronies! You've done a heckuvajob killing the middle class.

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              browntiger1 year, 7 months ago

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              Mission accomplished.

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              Wolfie20071 year, 7 months ago

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              It never fails when the democrats get in the majority in congress the economy goes south. As Ann Coulter says, "It all liberals fault." lol

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                browntiger1 year, 7 months ago

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                Get a lobotomy.

                Economy is crashing because idiot in the whitehouse who spends like drunk sailor. At the same time with all jobs been offshored, and corporations are free to loot, and fed working overtime to print money that lost > 50% of it's value. With tripled gas price - yeap any economy will crash.

                Republicans can not govern.

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                Dionys1 year, 7 months ago

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                Keep in mind all the unemployed not even counted -- those who've already either given up after years of searching or who have been removed from the list because they've been on it so long.

                Keep in mind the hundreds of thousands of soldiers and employed Americans in Iraq who have to return at some point (God willing) from this insane war. Who will return to no work, few jobs, fewer opportunities and starvation. Not to mention poor coverage from the VA thanks to BushCo.

                The US is deeper in the hole than most believe or will even consider.

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                  Teech1 year, 7 months ago

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                  Time for some more drastic tax cuts for the ultra-rich. Lets borrow another 2 - 3 trillion on the national debt, cut the fat cat and corporate taxes even lower and get that Republican, Neocon trickle down process working.

                  War in Iran would help, too. Stimulate the economy. Borrow more and spend for that, too.

                  George and Dickie and their pals are billionaires for life. With a year left, they still have more $$$ to milk the nation for.

                  Big Oil has asked for 18 billion in incentives for next year. They're hurtin'. Lets just make it 100 billion to tide them over until oil prices are $200/barrel, gas is $10/gallon and they can make a decent profit.

                  Mission accomplished.

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                  NoWayMan1 year, 7 months ago

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                  only the bushbots still believe we're not yet in a recession, or that recession can be avoided.

                  but of course, they're wrong. as usual.

                  http://online.wsj.com/public/article/SB12053451...

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                    jumpmaster1 year, 7 months ago

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                    I am a hiring manager and I cannot find a decent candidate for any of my jobs. The labor pool may be large but it is very shallow. I have jobs that pay from $25K to $200K and all that are available are dead heads and retreads.

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                      wildman65571 year, 7 months ago

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                      Jumps,

                      What are you hiring? Maids in Aspen?

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                        jumpmaster1 year, 7 months ago

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                        Easy there wildman. Do you want HR to come and get you?

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