Unemployment Rate at 17.5%

The unemployment rate has surpassed 10 percent for the first time since 1983 -- and is likely to go higher. Nearly 16 million people can't find jobs even though the worst recession since the Great Depression has apparently ended. The Labor Department said Friday that the economy shed a net total of 190,000 jobs in October, less than the downwardly revised 219,000 lost in September. August job losses were also revised lower, to 154,000 from 201,000.
But the loss of jobs last month exceeded economists' estimates. It's the 22nd straight month the U.S. economy has shed jobs, the longest on records dating back 70 years.
Counting those who have settled for part-time jobs or stopped looking for work, the unemployment rate would be 17.5 percent, the highest on records dating from 1994.
http://finance.yahoo.com/news/Jobless-rate-tops-10-pct-for-apf-563122944.html?x=0&.v=8
This is a disgrace. This is Obama's economy and has been for several months. We, as Americans were promised by the Obama administration, Democrats and RINO's that the stimulus package would keep the unemployment rate around 8%.
But yet, the unemployment rate is getting worse and not expected to get any better in the near future.
But what is Congress's idea? Pass health care and raise taxes and pass the Cap and Trade and raise taxes and expenses on the American people and companies.
However there is one segment of American business where they should slash jobs and I would support 100% unemployment. If there were a sudden job loss of 536 positions in Washington D.C. and they are replaced by people who are competent, I would support that.
Again, Obama is responsible for this, along with Congress- Dem's and RINO's.