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DOOMED: Jobs collapse in US
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Services-producing industries added 93,000 jobs. Government added 31,000, including 25,000 in education.
"The unemployment rate shot up to 5%"
Shot up all the way from 4.7%? -
"A separate survey of households showed employment plunging by 436,000, marking the biggest decline in five years."
I just hope we can hold up over here.Comment
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Originally posted by TazMaN View Post"A separate survey of households showed employment plunging by 436,000, marking the biggest decline in five years."
I just hope we can hold up over here.Comment
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I can hardly be bothered to even muster a yawn after reading this dreary artice - why it that so many on this site seem to relish any economic news which gives rise to gloom - I say get your gladrags out tonight - paint the town red this weekend and to hell with the expense !
Remember - as long as the West prints the Fiat Currency - debt doesn't matter.
To do otherwise is to submit to the whims of the neer-do-wells and gloomy socialists which are all too common these days.Last edited by AlfredJPruffock; 4 January 2008, 14:32.Comment
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Originally posted by oracleslave View PostDo they specify what jobs those people were doing? From the skim-read I did of the article seemed like mostly construction workers and people in the manufacturing sectors and specifically not services?Comment
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Originally posted by AlfredJPruffock View PostI can hardly be bothered to even muster a yawn after reading this dreary artice - why it that so many on this site seem to relish any economic news which gives rise to gloom - I say get your galdrags out - paint the town red this weekend and to hell with the expense !
Remember - as long the West prints the Fiat Currency - debt doesnt matter.
To do otherwise is to submit to the whims of the neer-do-wells and gloomy socialists which are all too common these days.
Boomed!Last edited by DimPrawn; 4 January 2008, 14:34.Comment
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I think a doomed scenario is to be welcomed. Those who have not been wise will learn a lesson and those who have will reap the benefits ...Economic pain is a necessary medicine in the current climate of excess.Hard Brexit now!
#prayfornodealComment
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