Oregon unemployment drops to 9.6 percent in April as recovery gains speed, narrowing gap with nation

[Snoutport]

http://www.oregonlive.com/business/index.ssf/2011/05/april_unemployment_figures_sho.html

some good news from us west coasters :0)

[coalition_unwilling]

1. California unemployment rate drops to 11.9% in April, down 0.1%

from March. At this rate, Obama will have concluded a second term before California is back to full employment:

http://edd.ca.gov/About_EDD/pdf/urate201105.pdf

[ixion]

2. "as the recovery gains speed"

...

Riiiight. :spray: :rofl:

[forestlake123]

3. The economy is just being propped up by

The Federal Reserve just printing money... or what they call Quantitative Easing 2 or QE2..

This Inflation of the money supply just allows rich people to get money because all this extra money is coming from the Fed to Banks, Banks lend it out to a majority of Rich people because they are usually the one with a good credit score..

So the Rich get to see an increased amount of money to spend where the average american just sees the rising cost of food and gas among most other things without seeing the increase in wages which lags years behind inflation.

More of us on here should be mad at the Fed like Ron Paul.. He might have some other crazy ideas about the economy but the Fed is really just hurting poor americans..