Friday, January 4, 2012 – 08:30 a.m.
The jobs picture remained tepid in December with a lackluster 155,000 jobs added, according to the unemployment report issued by the U.S. Department of Labor on Friday morning.
The official government unemployment rate (U-3) edged up to 7.8% from 7.7%.
The real unemployment rate (U-6) remained unchanged at 14.4%. The U-6 rate takes into account all people receiving unemployment benefits, working only part-time or who have given up looking for work.
The job growth average for 2012 was 153,000. A number insufficient to provide any meaningful economic growth.
Tim Donnelly, R-Twin Peaks summed it all up with his comments in today’s issue of The Press Enterprise. I don’t even know him but I know he has courage.
I graduated college 38 years ago, working any job I could get to help pay as I go. After I graduated, I eventually landed a job for $8,500 per year and eventually paid off the loans years later. Today, I am helping my kids (3) with their college payments. We did not receive any Cal Grants,all have degrees from California colleges, we are not rich and have loans that must be paid back. There are no silver spoons here. One of my kids is employed out of the country, the other moved out of state for a job and the third will also find employment out of the country.
So, now I am paying for someone else’s college education who is here illegally so they can get a job here in California or the United States. What has happened to the leadership and common scense of this country? Taxes are too high, STOP THE SPENDING. Federal tax, sales tax, state tax….when is it enough. In this family, presently, if you do not need a necessity for the house, car, health or education don’t buy it.