You may have heard the big news of the day: the unemployment rate has risen to 7.6 percent. That’s a product of the American economy losing 598,000 jobs in January, the worst monthly jobs loss since 1974 (I know, the workforce has grown since then). That figure means the economy has lost 1.8 million jobs in the last three months and 3.6 million jobs in the year+ since December 2007.
Meanwhile, congressional Republicans are insisting that there is no reason to rush on the stimulus bill. Take a gander at this video compilation from Think Progress:
Pass this sucker, today!