Monday, September 5, 2011

UN – Labor Day

First Friday – and the news – Really, Really BAD!

NO new jobs created

Three-quarters of the currently unemployed have been out of work for more than six months and fully half have been out of work for more than two years

The unemployment rate for Black teenagers is now 46.5%, up from 39.5%



Food costs are up 4.6%

Gasoline costs are up 33%

Real average earnings fell 1.3%

Pressure is building.

What will be the spark to ignite the conflagration?