Remind me how many jobs do we need to add to just break even on unemployment??Isn't it around 125,000 per month??23 million people unemployed or underemployed!!Why do you think businesses aren't hiring at a rate that exceeds break even for population growth?
ADP report this month was 169,000.Think there are 2 reasons US (big) business has not been hiring in US. 1. Uncertainly of the economy.2. Most of their cash hoards are overseas and they don't want to pay the taxes to bring back to us. So they spend the money overseas, outsourcing jobs and buying foreign companies.I'd research giving them a tax break if they signed up to hire in the US, and if they didn't I'd make them pay the full tax.Just an opinion.
Remind me how many jobs do we need to add to just break even on unemployment??And it did @ 114,000, but unfortunately from a political perspective the unemployment rate falling to 7.8% is the number the average person will latch on to.Certainly participation rates etc. will be brought up by Republicans but for the average person you can expect their eyes to simply glaze over.Oh and by the way last months figures were updated from 96,000 to 142,000.All in IMO, this won't help Mitt, if anyone it will help Obama.Sorry, I'm sure you were hoping for the possible worse news for the country, but it didn't happen.Better luck next time, oh wait, there won't be another next time before the election.I guess maybe you will just have to start hoping for a terrorist attack or something, huh?B
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