May 9 2009

24,700,000 Unemployed or Underemployed Americans: Job Losses Accelerate with 6 million unemployed over last year. Real Unemployment rate now at 15.8 Percent.

It is hard to believe what is taken as good news.  539,000 jobs were lost in April yet this was taken as a positive because it wasn’t 600,000.  Forget about the fact that the revised number for March was moved upward to 699,000 from an initial 663,000.  So it may be the case when [...]



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