The Conservative Cave

Current Events => Economics => Topic started by: Chris on February 03, 2010, 12:23:24 PM

Title: U.S. May Lose 824,000 Jobs as Employment Data Revised
Post by: Chris on February 03, 2010, 12:23:24 PM

Quote

Feb. 3 (Bloomberg Multimedia) -- The U.S. may lose 824,000 jobs when the government releases its annual revision to employment data on Feb. 5, showing the labor market was in worse shape during the recession than known at the time.

http://www.bloomberg.com/apps/news?pid=20601109&sid=aNSc0oQ0vb4M&pos=10

There goes those 600-thousand jobs that Obama "saved".

Title: Re: U.S. May Lose 824,000 Jobs as Employment Data Revised
Post by: BadCat on February 03, 2010, 02:54:20 PM

And guess what, Dimocrats....the recession is FAR from being over.

Title: Re: U.S. May Lose 824,000 Jobs as Employment Data Revised
Post by: Celtic Rose on February 04, 2010, 08:26:06 AM

Just a little more proof that the government's methodologies have some serious issues. 

Title: Re: U.S. May Lose 824,000 Jobs as Employment Data Revised
Post by: NHSparky on February 04, 2010, 08:34:15 AM

"Stimulus" cash running out...states can't support spending levels...another wave of ARM adjustments...more jobs being lost...

Here comes the second dip of the recession.  Hope and change just became hoax and chains.

Title: Re: U.S. May Lose 824,000 Jobs as Employment Data Revised
Post by: thundley4 on February 04, 2010, 09:18:52 AM

This is just setting us up for Stimulus 2, Electric Boogaloo.