Colorado Recession Watch published by the Colorado Fiscal Policy Institute reported that the recession figure for unemployment in October dipped to 6.9%. That dip, slight blip that it was, prompted the bloggers for Governor Ritter to announce that employment in Colorado has fallen below 7%. I hope you will check the two recession sites mentioned in my first sentence. Statistics do show a trend and this recession is the longest since the great depression which my folks and grand parents fought to survive.
A recent report from the city administration marked the 2008 unemployment rate for metro area was 5.1% but for Denver it was 5.7%. And as I have said before in a previous entry, if you check the unemployment rates for Globeville, Elryia and Swansea and Northeast Denver, the rate will get up around 20%.
These statistics mean little when you have been out of work for months. A former student and now a friend, has been out of work for months, has applied for thousands of openings and is about ready to lose her home. She is desperate and has applied to work as a guard at the city buildings. She wonders out loud why she got her BA from CU.
Speaking of blips in statistics, did you read where there is actually an address to which you can send money to spend down our national debt? I will check this out to let you know if this is another fund congress can raid to add more to the deficit. The report said the fund is supported by many immigrant Americans who show how grateful there are to be living under the blessings of our constitution. That's why they donate to lower our disastrous deficit - only in America.