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Archive for the day Sunday, October 26th, 2008:
U.S. Jobs Data Isn’t Pretty
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The AP reports on the March 7th Jobs data, and it isn’t pretty:
Employers Slash 63,000 Jobs in February, Most in 5 Years, Feeding Recession Fears
They also report that the unemployment rate actually went down from 4.9% in January to 4.8% in February, indicating that hundreds of thousands of people stopped bothering to look for work. Hard [...]
