Featured Reviews
Notes:
I thought this a good story because it provided so much context--putting the jobless figures in perspective by comparing them to earlier recessions and population growth. This is also the first article I've seen that states how many people who are unemployed don't get benefits any more--a facet of economic distress that is ignored by the press. So Rugaber gets kudos from me for a much more complete job of journalism on what could be a throwaway story.
Chris submitted this story.
More Reviews
Notes:
Decent story, marred by the silly word "unexpected" in the hed.
Comment:
I don't see how anyone could NOT expect major unemployment given the end of Real Estate Madness and its accompanying construction boom.
Tags 
| Topics | U.S., Business | U.S. Economy |
Research
| Search Sites | Google | Yahoo | Technorati | Wikipedia | del.icio.us |
Stats
Editorial
| Submitted by | Submitted by Chris Finnie - Nov 20, 2008 - 7:20 AM PST |
| Reviewed by | Chris Finnie (review), Robin 'Roblimo' Miller (review) |
| Edited by | Chris Finnie - Nov 20, 2008 - 7:20 AM PST |
No links yet. Please review this story to add some!
No quotes yet. Please review this story to add some!
Comments
Chris Finnie wrote:
(See Full Review)
The fact that this was "unexpected" by Wall Street really makes me question these supposed titans of finance. Haven't they been reading the news reports? Citi is going to cut over 50,000 jobs. Retail sales are dropping like a stone right before the holidays. Etc., etc., etc. I expected it. If they didn't, they hardly deserve those big paychecks.
Robin 'Roblimo' Miller wrote:
(See Full Review)
I don't see how anyone could NOT expect major unemployment given the end of Real Estate Madness and its accompanying construction boom.