Unemployment Worst since the Great Depression, NOT Getting Better

-By Warner Todd Huston

Don’t believe a word of the happy talk you hear from the Obama Administration when they say that the jobs situation is getting better. It isn’t.

In fact, the current job loss stats are the worst since the years right after the Great Depression and it is not getting better.

The CalculatedRiskBlog had this disheartening graph showing that the jobs situation is worse than every down turn from 1948 to date.

What the graph also shows is that, contrary to what the administration is constantly saying, jobs have flattened out and are not coming back at this time. The other dips in previous recessions show that jobs came back fairly quickly, but this time they are not coming back.


“The only end of writing is to enable the reader better to enjoy life, or better to endure it.”
–Samuel Johnson

Warner Todd Huston is a Chicago based freelance writer. He has been writing opinion editorials and social criticism since early 2001 and before that he wrote articles on U.S. history for several small American magazines. His political columns are featured on many websites such as Andrew Breitbart’s BigGovernment.com, BigHollywood.com, and BigJournalism.com, as well as RightWingNews.com, CanadaFreePress.com, StoptheACLU.com, AmericanDaily.com, among many, many others. Mr. Huston is also endlessly amused that one of his articles formed the basis of an article in Germany’s Der Spiegel Magazine in 2008.

For a full bio, please CLICK HERE.

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