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Ark. employment: Worse than thought?

Here's some interesting speculation -- and it's only that at this point. A top state economist thinks the Arkansas unemployment rate is worse than figures indicate.

Eric Francis, in an article for Roby Brock, did an explainer on the vagaries of unemployment statistics earlier this week. But here's a hard number that tells you a little something:

... the state is currently paying out between $12 million and $13 million in unemployment benefits per week to some 49,000 people, says Friedman. That’s double from a year ago, when it was about $6 million a week to about 25,000 people.

Comments


Would BHO's stimulus plan to states with specifics about it being spent on unemployment have something to do with Ark's larger numbers?

No one should really be suprised to see unemployment continuing to worsen. The Obama war on Capitolism is in full swing right now. This coupled the the "checks" and "redistribution of wealth" he was supposed to get out for the non-achievers in society can only make unemployment go up. Eventually our state is going to suffer from this moron.

Maybe Hillary would have been a better President. I don't think she would have turned on our country quite to the point this idiot has so far.

OBAMA = One Big Ass Mistake America

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