Obama is speaking on new jobs initiatives today. Prior initiatives have been a complete failure with all indications suggesting that real unemployment is well over 20%.
HERE is an absolutely shocking chart. It demonstrates percentage job loss and recovery during a number of historical recessions, including this one. Clearly there has been no recovery and it looks like the situation may be getting worse.
The chart was poached from cr4re.com.
Posted by Scott Sinclair, Range Corporate Advisors
Range Corporate Advisors provides multidisciplinary solutions to medium and small business requiring transitional, transactional or management assistance.