On the eve of this labor day weekend, the traditional last blast of summer most American's hoping to get away or last least kick back a bit over the next 3 days and yet fewer and fewer people can afford to do even that. The labor situation has just gotten worst, over two hundred thousand more jobs were lost in the month of August 2009. The unemployment rate officially now at 9.7%, that's the highest in twenty six years in this country. Now the so call real unemployment rate that includes those who have given up looking for full time work is almost 17% more accurately.
It's really tough out there, it's the hardest that its ever been in three decades to find a job. And there is no place to hide, it doesn't matter what sector you work in, other than healthcare and education, those are the only two that faired well, pretty much everything else got hit. Across the United States, there is no state in which to hide, almost all the major states has high unemployment rates.
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