Unemployment Above 9.5% and Where Are the Trillions?

Posted on July 2, 2009
Filed Under depression |

So here we are, once again looking at close to record numbers of unemployed. 467,000 lost their jobs in June and there is no end in sight for many months, if not years. This is according to Stuart G. Hoffman, chief economist at PNC Financial Services Group in Pittsburgh. This represents the worst downturn since the Great Depression and the worst numbers in 26 years. So, the ultimate question now is: Where are the trillions???

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Unemployment Above 9.5% and Where Are the Trillions?

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