Its not the Presidents fault that there are no jobs. Its to the Presidents credit that things haven't been worse.

Melissa, that is true. There are no jobs because business is in critical mode. Interesting, though, that the banks concentrated on banks and not business. I suppose banks are considered an "important business". Along with pharmaceutical and insurance companies.

My hours are way down at the day job. Starting to pick up again, but it's not enough to pay for cost of living. I'm 30 years old and living at home with my parents, it's embarrassing.

It's also up to the President to help solve our economic problems. Having the attitude that it could have been worse is fatalistic and comparable to what the article defines as the effect that underemployment has on the economy.

This is so true. The most jobs are all min wage or just over. I can remember this being predicted about 5 years ago that we would all be in lower paying jobs and that the middle class would no longer exist eventually. It will be poor and rich and that's the way our politicians want it and that is the way it was obviously planned since it was known well before it happened.

I agree with Melissa, althogh times are tough they could be worse. We must exercise patients. In due time this will be straigtened out, just have to hold on in order to get there!

I actually just touched on this same topic in my latest blog. The underemployment of the country is a parasite to all who work and try to make an honest living. Companies can decide to pay what they want, for who they want, and say "Sorry, you're not worthy of benefits, simpley because I don't know your name and I don't feel like paying for you." There's a whole class of people now in our society that falls into this catagory. We're not impoverished, but we certainly aren't middle class. We work and work and try for American Dream, yet all we see is it constantly being given to someone else. Free enterprise has gone almost full circle to the days of the steel barons and monopolies. We, as a nation, need to look to the past to learn what the future holds.

Obama could be doing better,There are better options for(Green) Business and Finance out there if he would only get with it and change a few Laws, But he does have 8 years of Bush to mop up while trying to move forward at the same time...Which I am sure is not easy.

Same arguements, different day (year, century) Most college grads can't afford their own apartments nor all the expenses that go along with that nor have they been able to for years now. Nothing new.

ha...ha...
I've been unemployed for 21 months now ,So I'm not late,
How ever the unemployment extention is what's late.

" More stimulus please"
ha,ha,

I'm a 31 year old unemployable woman. Nothing is better, despite what is being said.

This the major problem facing America today. All this talk and effort about Health Care is akin to the Band on the Titantic, tunning their instruments and the ships crew straightening the deck chairs while the ship is sinking.

Of course it's the Presdent's fault there are no jobs. Since taking office instead of creating 3.5 million jobs like he promised via the stimulus, he's LOST 3 million. We have to gain back 3 million jobs to be back where he was when he started.

People who blame President Obama for the unemployment numbers, are downright ignorant. I am older than most of you blogging here, and have survived several terrible recessions!

Read some history, go back and read some newspaper articles and go back and read some of CNN's archives from a year ago, even a year and a half ago. Learn about the deregulation that created the housing bubble, the banking crisis and thus the ....... unemployment.

We have four grown kids, all college grads, everyone is working in their chosen field. IF you are unemployed, flipping burgers should be a job you can take right away.

The problem with the "younger generation" is that you folks, think some jobs are beneath you. Any job will do, if you are hungry enough!

PS. We are already on the road to recovery, look at the Stock Market; housing starts were 5%. There are positive signs everywhere.

It's been a rough ride, that's for sure. 7 years ago, I made 50,000/yr. When that job went away, I drove shuttle vans for a year before landing a job that paid a little more than 40k a year. And when that job went away, after 8 months I got a job that is the most responsibility I've ever had and pays the least. Less than 40k/yr. No hope of overtime or bonuses, either.

At least I really like the job because I'm barely getting by.