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Going to have to reference the graph again. And you’ll see it next month too. These are not economic estimates, this is how the Executive Branch sold the emergency spending legislation to the public. If we did not pass the recovery plan immediately … well you know …
Not exactly what I wanted to hear from the primo media mogul in the world …
With thousands getting pink slips in Connecticut … from WTIC to CIGNA and United Technologies, it’s a pretty easy question to answer. The economy is receding and if you are on that end of it … its not good. But how bad a recession depends on how long you go between jobs. As for those…
The September 2010 figures are out, and the summer of recovery has proven to be a dud. Of course, Reuters used the word “unexpected” twice in the first sentence of the first paragraph, and within a few minutes it looks like some editor dropped the words.
There is some good news in this month’s report, but only if your first and last name is Pollyanna. Heh. The Labor Department reports that the private sector added 67,000 jobs in July which according to reports is better than … expected? Or better than nothing. You choose.
The Labor Department reported on Friday that another 85,000 jobs were lost in December. The unemployment rate remained at 10%, but, the “total jobless rate”, which includes those discouraged workers who are no longer looking for work, moved up to 17.3%. A perhaps even more revealing statistic is that the total labor force (those working,…
Real, as in, the people who are actually out of work: the recently unemployed. the ones who have given up, and the marginally employed … folks who work just a part time job just so they can eat. Not good
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