U.S. Unemployment Rate 9.5%...

... which is little changed from the previous month of May. 467,000 jobs were lost in the month of June with the largest losses coming in the manufacturing industry, as well as in the professional,construction, and the business services industry.
The unemployed stands at 14.7 million persons as of June 2009.

In June, unemployment rates for the major worker groups--adult men
(10.0 percent), adult women (7.6 percent), teenagers (24.0 percent),
whites (8.7 percent), blacks (14.7 percent), and Hispanics (12.2 per-
cent)--showed little change. The unemployment rate for Asians was
8.2 percent, not seasonally adjusted.
Among the unemployed, the number of job losers and persons who com-
pleted temporary jobs (9.6 million) was little changed in June after
increasing by an average of 615,000 per month during the first 5 months
of this year.
The number of long-term unemployed (those jobless for 27 weeks or
more) increased by 433,000 over the month to 4.4 million.In June, 3
in 10 unemployed persons were jobless for 27 weeks or more.

www.bls.gov/news.release/empsit.nr0.html

Friday is the third of July,so that means that our 4th of July holiday weekend is beginning. Many businesses will be closed or they will be having short work days. I am no exception. There will be no new postings at this site until Monday, the 6th.
Have a great and safe holiday everyone!

State Of The Economy II: Tampa Florida...

...and it got just a little bit worse for those low income, hourly workers today. This would be concerning the new Florida excise tax on cigarettes which went into effect on July 1,2009. Another blow to smokers and tobacco dealers everywhere.
Yesterday I wrote that I would be introducing you to some of the cast of character's who actually have to resort to all kinds of tricks in order to feed themselves since the work environment here in Tampa is the pits. That will have to wait for another day.
The state of Florida has added an excise tax of $1 to each pack of cigarettes sold in the state.Rolling tobacco such as "Tops" and "Bugler" are also hit by this tax.So why is the state doing this? The excuse as of last week was that the state has to come up with the cash somewhere because the state's tax revenues are down. The state is not making any money so let's just raise smoker taxes and fuck them even more!
The better off will grumble and grip about the increase, and a few may even decide that it is time to quit. Those who are not so well off will feel the increase the most. Granted, some will opt to give up the habit. Great for them!
This tax increase will definitely be a burden to those who are working at the minimum wage level. Let's look at the price increases on a few brands of smokes.
"Remington" brand of little cigars. This brand is the low-budget, generic brand of smokes that anyone could afford, whether homeless or not. This is the last resort brand for smokers in the Tampa area. The price per pack on June 30,$1. Price on July 1,$2.25 at one nearby store.
"Winston" brand from RJ Reynolds, my personal favorite. June 30,$3.89 per pack. July 1,$4.99. "Marlboro"? Forget about it! June 30,$4.89 per pack. July 1,$5.99.
This is at a store in my neighborhood. I have seen some selling for as much as $6.99. This is ridiculous! Tampa has a bad enough problem with folks getting robbed by crack-heads and other druggies, not to mention people who just plain need the money. I'm wondering how long that it will take before we are getting held up for cigarette money or the smokes themselves.
Though I now believe that smoking is not so good for the person, the state should not be placing the cost of their ineptitude on the lower-wage workers who just happen to smoke.
As an after thought, I should note that Cigars are exempt from the excise tax. I would guess that since most cigar smokers are just a little bit better off than most of us, it just wouldn't be fair to tax them along with you and I.