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Thread: US job losses hit record in 2008

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    US job losses hit record in 2008

    BBC NEWS | Business | US job losses hit record in 2008

    Look at that dramatic graph.. It wouldn't surprise me to see double digits shortly.
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    Re: US job losses hit record in 2008

    Quote Originally Posted by Maximus Zeebra View Post
    BBC NEWS | Business | US job losses hit record in 2008

    Look at that dramatic graph.. It wouldn't surprise me to see double digits shortly.
    Already is in double figures if you factor in those working partime that want to work full time and those who have given up finding a job but do want a job... guy on CNBC said the real unemployment in the US is about 13.5%.
    PeteEU

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    Re: US job losses hit record in 2008

    Except that it's the unemployment rate, not the "I wish I had a better job" rate.
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    Re: US job losses hit record in 2008

    Quote Originally Posted by PeteEU View Post
    Already is in double figures if you factor in those working partime that want to work full time and those who have given up finding a job but do want a job... guy on CNBC said the real unemployment in the US is about 13.5%.
    Well, if you factor in that across the world, I bet there are many double digit unemployment countries.
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    Re: US job losses hit record in 2008

    InTrade is offering 46.5% odds that the US economy goes into a depression in 2009.
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    Re: US job losses hit record in 2008

    Quote Originally Posted by Maximus Zeebra View Post
    BBC NEWS | Business | US job losses hit record in 2008

    Look at that dramatic graph.. It wouldn't surprise me to see double digits shortly.
    There was double-digit unemployment under Carter, thats when we got Reagan and he fixed that whole mess.

    Hopefully, Obama will be another Reagan and fix this too.

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    Re: US job losses hit record in 2008

    Quote Originally Posted by DarkWizard12 View Post
    There was double-digit unemployment under Carter, thats when we got Reagan and he fixed that whole mess.

    Hopefully, Obama will be another Reagan and fix this too.
    I had great hopes for Obama until he confirmed he will bring your national budget into trillion dollar deficits, each year, and in addition pay for a stimulation package of 800 billion. Financial irresponsibility was what got you here in the first place, his solutions will rather bring more financial mess to your country and encourage more investors to withdraw their money from US assets, which in the end will translate to even higher unemployment rates, more debt and even less faith in your economy.

    Bill Clinton for president 2012!!!
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    Re: US job losses hit record in 2008

    Quote Originally Posted by Kandahar View Post
    InTrade is offering 46.5% odds that the US economy goes into a depression in 2009.
    Wow, I have never seen odds in percentage.. You mean chance? Odds is measured in digits, "2.1" then times the amount you want to play, or odds is measured in the imperial fractions, which I do never bet in, because I dont understand how to bet them.. "46/100th" (then times amount played) I suppose.
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    Re: US job losses hit record in 2008

    Quote Originally Posted by Maximus Zeebra View Post
    Wow, I have never seen odds in percentage.. You mean chance? Odds is measured in digits, "2.1" then times the amount you want to play, or odds is measured in the imperial fractions, which I do never bet in, because I dont understand how to bet them.. "46/100th" (then times amount played) I suppose.
    (Opposite of thanks for this post.)
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    Re: US job losses hit record in 2008

    Quote Originally Posted by Kandahar View Post
    (Opposite of thanks for this post.)


    Please, I was just begging for an explanation of 46.5% odds?

    If you then play 10 dollars and win, how much do you get?
    Europe is illegally occupied by the US

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