September unemployment- - Striper Talk Striped Bass Fishing, Surfcasting, Boating

justplugit · 10-02-2009, 09:36 PM

Up to 9.8% with 50,000 more jobs lost than in August.

Seriously, where are these shovel ready jobs the Stimulus was supposed to provide?

A lot of people really hurting.

spence · 10-03-2009, 04:50 AM

It's bad for sure, but I'd note that most experts as far back as this spring (and even accounting for stimulus spending) have been consistent in stating that unemployment would continue to rise into 2010.

-spence

fishbones · 10-03-2009, 08:41 AM

Quote:

Originally Posted by spence

It's bad for sure, but I'd note that most experts as far back as this spring (and even accounting for stimulus spending) have been consistent in stating that unemployment would continue to rise into 2010.

-spence

Sure, but doesn't "shovel ready" mean that it shouldn't take a year for these jobs to be available?

spence · 10-03-2009, 09:13 AM

Quote:

Originally Posted by fishbones

Sure, but doesn't "shovel ready" mean that it shouldn't take a year for these jobs to be available?

I'm sure some of the stimulus money has created jobs. How many might be difficult to tell, but I don't think the expectation was that the stimulus bill would magically fix the unemployment problem.

I think it's fair to say it hasn't met initial expectations. I think only 15% of the money has even been appropriated.

-spence

buckman · 10-03-2009, 08:15 AM

It is the last to improve in most down turns.

buckman · 10-03-2009, 08:56 AM

You can't take what Obama says literally. Besides He has saved millions of jobs. And added 8000 gov. jobs for the "cash for clunkes" progam alone. He trying the best he can

GattaFish · 10-03-2009, 09:44 AM

The numbers are flawed,,, most that have been filing have run out of benefits,,, It is getting worse no matter what they say,,,,

spence · 10-03-2009, 09:52 AM

Quote:

Originally Posted by GattaFish

The numbers are flawed,,, most that have been filing have run out of benefits,,, It is getting worse no matter what they say,,,,

There really are two issues here, jobs and the overall economy.

Aside from a good number of banking issues that still haven't been fixed, the economy seems to be improving and many economists believe that the Stimulus package did help avert an even deeper recession.

The job issue is going to take years to fix. God forbid but people are actually saving money now instead of spending it on crap they don't need.

Hopefully we can see some real growth and not double dip.

-spence

striperman36 · 10-03-2009, 10:06 AM

quite a few acquaintances are at the end of their unemployment benefits. I also have had several fall off of Cobra.
Most jobs available are hourly and companies are stickin to under 30 hours a week so they won't have to pay benefits, if and when you can find employment outside of your field.

spence · 10-03-2009, 10:10 AM

Quote:

Originally Posted by striperman36

quite a few acquaintances are at the end of their unemployment benefits. I also have had several fall off of Cobra.

The Cobra thing has got to hurt. Imagine not getting a paycheck and forking out 700+ per month to keep your insurance.

I knew a woman once who got notice when pregnant!

-spence

striperman36 · 10-03-2009, 10:13 AM

1250 for family in MA

Duke41 · 10-04-2009, 08:51 AM

We just have to hang in there guys. I have seen my income drop around 40% over the last 2 years. I have not been this broke since college. However I am seeing more activity in renting folks office space and retail space in some properties I own. What I am seeing is more folks taking things into their own hands and starting their own businesses. There is a lot of grant money around to do so. Check with you city planner. Attleboro has been giving out small business grants for resteraunts and other things. This is federal money, so I have to assume other towns and cities must have programs as well.