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Porkenstein AKA Pork, Porky, Porkens

Do you think unemployment will reach the levels we saw during the Clinton administration?

We are at about 6.6% now, it peaked at around 7.1 back in 1993 during the "glory days" of the economy.
ÐitzyÐame:

belive they will be a lot worse than we even think

Ginger:

No. 1993 was not a 'glory day' of the economy. That was the year that daddy Bush handed Clinton the recession. It must be a family tradition.

It was at 7.3% when Clinton took office. By the end of the first year it was down to 6.5%. When he left office it was 4.2%.

Warlock:

Hello JohnFx:

Over the last 18 years the government has changed the way it counts the unemployed in the USA.

What would you do If you knew that TODAY, the unemployment levels could be 8% to 15% depending on who's data you use!

Regards

Porkenstein AKA Pork, Porky, Porkens:

Yikes. I had forgotten they changed that. Hard to know what is really happening when you change the size of the ruler.

Bryan:

I think we'll hit 9 or 10 % I just hope it goes no higher. and at least under clinton the economy wasn't collapsing all around us and we had a cash SURPLUS.

Porkenstein AKA Pork, Porky, Porkens:

To be completely technically accurate, we had a PROJECTED surplus. I don't think it actually ever came to light.

J Man:

anything is possible

John:

I think it will be around 8% before President Elect Obama puts people to work on projects such as bridges and roads,etc.

Joe:

Yes I do and I think alot of unemployed people are not going to be able to collect their benefits it is so scary out there right now. I recently applied for a job where there was 30 positions open and 500 applicants,I was fortunate enough to fill one of the openings it is a grunt job I don't tell people where I work because it is such a ????place...but I have to tell you I am so grateful to have gotten the job I'll be there for awhile !!!

John:

KB, If people want to work they will find work somehow someway,as you did. There are people that won't work at just any job. I'm glad you are not one of those people. Thank you for working. We need more people like you.

Joe:

Thanks Edna I needed to hear that !! I will and do work at just about anything I can do and probably will until I can not work any more thanks again.

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