Unemployment hits 26 year high!

Remember back last winter, when the democrats told us we HAD to pass the stimulus. And if we didn't unemployment would soar. Also that if we did, then unemployment would not go above 8%

Well bad news for stimulus, the Department of Labor Statistics recently informed us that we shed 190,000 jobs in October, and that unemployment is now at 10.2% a .4% increase from last months 9.8%

Thus far the stimulus has shown to be a failure. It has only created about 40,000 jobs despite what the white house said (see older post: for detail) and has lost us almost 3 million jobs.

10.2% unemployment, highest it's been in 26 years. Ouch.