Surge in Unemployment in the US: No Economic Recovery in Sight

After the recent unemployment numbers were announced, smug politicians promising economic recovery stuttered a bit. This wasn’t supposed to happen.  Mainstream economists were predicting a smooth upswing in employment, but in September 263,000 more jobs were lost, 62,000 more than August. Obama reacted predictably to the surprise.  He first pointed out that “employment is the […]