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Michael van der Galien

Unemployment Remains at 10%

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Posted on January 9 2010 8:30 am
Michael van der Galien was born in the Dutch city of Leeuwarden in 1984. For as long as he can remember, he has been obsessed with the United States. When he was 17 years old, he started blogging - of course about America. His articles have been published at Big Hollywood, Pajamas Media, Hot Air (the GreenRoom) and Right Across The Atlantic. He's also an editor for the Dutch conservative blog, De Dagelijkse Standaard.
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The number of jobs lost rose significantly between November and December, although the unemployment rate held steady. In fact, the last paragraph shows a potential problem rolling into 2010. The average job losses in the fourth quarter were skewed by the unexpectedly small decline in November, leading people to think that the end was near for job loss and that net job growth may be close. Instead, December outpaced the entire quarter — in a season where retail usually adds positions.

More at Hot Air.

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