The Jobs/Consumer Spending Link: Why We’re in Such Trouble Now
February 07, 2011 at 10:13 AM EST
There are presently about 15.1 million Americans unemployed and looking for jobs while struggling to make ends meet. The problem is that there are only about 2.9 million available jobs. Do the math. That is five unemployed workers competing for one job. You don’t have to be a mathematician to figure out there is something [...]