The Brian Sullivan Blog
  • November 6, 2009 08:41 AM EST by Brian Sullivan

    Breaking: Unemployment Rate Rises to 10.2%

    Unemployment rate rises to 10.2%, more than expected.

    Watch for push for "stimulus 2" ... Administration will likely use this to make a drive for more government spending.

    We need to get manufacturing going again in America and if that requires a "buy American" provision of some kind it is time to give that serious consideration.   We are the only major economic power without a "us first" type provision.

    11-06-09  Unemployment Rate

Christina

to add to the list. I just received a phone call at home from the district manager that CHICO's @ The Streets of Tanasbourne in Hillsboro OR. 97124 will be closing their door January 26th 2009. So sad

November 9, 2009 at 7:49 pm

Carl Robinson

Brian, you are right on with "Buy American", as well as Wal-Mart driving the prices so low that it forces our manufactures to ship production to other countries. And as is the case with the Fortune 100 company that I work for, to lose shelf space and having to shut down production lines because we will not lower our prices as much as they demand.

November 6, 2009 at 11:05 am

Lou Carricarte

Brian, Stop proclaiming that you are a supporter of a Free Market. You sat and agreed with the Ex-Ceo of YES about protectionism. Please expound on your position on how protectionism supports a free market. Free market will create jobs through innovation. The free market will take longer to correct a problem, but once the market makes the correction it will be a long-term solution. Look at the expose on Google for examples of dynamic innovation and job creation.

November 6, 2009 at 10:59 am

Bob C

Jobs will be created through the ability of our companies and businesses to compete globally. The growing price tag our washington wing nuts are placing on the back of employees can lead to only one corporate reaction. Carry the fewest number of employees possible. The unemployment rate in this country is going up. Way up. Thanks Washington!

November 6, 2009 at 10:52 am

Bob Nyquist

Re: Guest talking need for manufacturing. Isn't it about time to take off restrictions on nuclear power plant building nationwide to: quell dependence on foreign oil, increase domestic clean energy,put a bunch of laborers to work, etc. It would be equal to the Interstate Highway program and cure several problems.

November 6, 2009 at 10:51 am

Bill Dewey

Brain/Dagen...Leo ,the progressive you just had on....sama,old,same old....Just cut Taxes...Obama doesn't get it...He needs to be blamed for the un-employment...he bot votes w/tax money and promised to create jobs....now nothing because of his progressive grow the government policies

November 6, 2009 at 10:27 am

Pete in Boynton

WOW! Funny how unemployment jumps to 10.2 and somehow the market bounces back into positive terratory. What the hell is going on here. There is serious Market Manipulation. Could it be the PPT (Plunge Protection Team) built under Bush and now used by Obama?

November 6, 2009 at 10:16 am

Stephen

Of course we need to get manu going again in America, but that makes too much common sense. You want to get America back on its feet, start buying American products and stop buying this junk from other parts of the World. Our Government does not seem to care too much about the American worker or they would encourage this. It is sad to see such a great nation of hard working decent people get pushed aside in our rush for a global economy. Buy American please.

November 6, 2009 at 9:44 am

Garry J

The real question is, “What is the true Unemployment Rate?” The unemployment rate does not include those that the unemployment befits have run out, people that are not eligible for unemployment befits, people that just stop looking, homeless people, etc.

November 6, 2009 at 9:26 am

about this blog

  • Brian Sullivan joined FOX Business Network (FBN) in April 2008 as an anchor. He co-anchors the 10am-12pm ET hours of the FOX Business block. Prior to joining FBN, Sullivan served as an anchor for Bloomberg Television where he hosted the programs Morning Call and In Focus.

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