Bureau of Labor Statistics (BLS) released the officially measured unemployment showing that 14.7 million people are unemployed at a rate of 9.5%, yet the "Real Rate" is 16.5 percent. Nonfarm payroll employment continued its decline loosing 467,000 jobs in June. The data show that of the 14.7 million unemployed, the rate for white was 8.7%, women 7.6%, youth 24.0%, African-American 14.7%, African-American youth 37.9% |
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Margaret Bassett passed away August 21, 2011. She was a treasured member of the Opednews.com editorial team for four years.
Margaret Bassett--OEN editor--is an 89-year old, currently living in senior housing, with a lifelong interest in political philosophy. Bachelors from State University of Iowa (1944) and Masters from Roosevelt University (1975) help to unravel important requirements for modern communication. Early introduction to computer science (1966) trumps them. It's payback time. She's been "entitled" so long she hopes to find some good coming off the keyboard into the lives of those who come after her.