curiouscapitalist.blogs.time.com - 12/6/2008
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The November employment report is out, and it's bad: The unemployment rate is up to 6.7% from 6.5%, which doesn't sound so horrible at all. But payroll employment is down an estimated 533,000, which is much more than most economists were expecting and is, well, a lot of people. What it still ...
money.cnn.com - 12/5/2008
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money.cnn.com —
NEW YORK (CNNMoney.com) -- The economy shed 533,000
jobs in November, according to a government report Friday...
- bringing the year's total job losses to 1.9 million. November had the largest monthly job loss total since December 1974. "This is a dismal ...
(more)
November: Most jobs lost since 1974 - Dec. 5, 2008
ridingtheelephant.blogs.fortune.cnn.com - 12/5/2008
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ridingtheelephant.blogs.fortune.cnn.com —
NEW YORK (CNNMoney.com) -- The economy shed 533,000
jobs in November, according to a government report Friday...
- bringing the year's total job losses to 1.9 million. November had the largest monthly job loss total since December 1974. "This is a dismal ...
(more)
November: Most jobs lost since 1974 - Dec. 5, 2008
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Is This A Depression?
Swampland —
... Robert Reich thinks we are headed in that direction. Justin Fox is not so sure.
...
Is It A Depression Yet?
The Daily Dish | By Andrew Sullivan —
By Patrick Appel The unemployment rate hit 6.7 percent yesterday and the underemployment rate his 12.5 percent. What does it mean?: It's yet another sign that this recession is a much bigger deal than the last two, in 2001 and 1990-91. But in percentage terms (it was a 0.39% drop) there were bigger one month falls in employment in 1980 and, repeatedly, in 1974 and 1975. There were also sharper drops in almost every year of the 1950s, but those were mostly the result of temporary layoffs that were reversed a few months ...
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Simply put - America, the world in fact, is in trouble because of bad credit and ...
Jobs Report Released
balloon-juice.com 2/9/2009 — 600k jobs lost :
The country moved into its second year of uninterrupted job losses last month, with companies shedding another 598,000 jobs and the unemployment rate moving up to 7.6 percent, the Labor Department reported on Friday.
...
250,000 Jobs Cut In Private Sector In November: ADP Report
huffingtonpost.com 12/3/2008 — The U.S. economy shed a quarter-million private-sector jobs in November, according to a payroll processor's report that was worse than economists expected.
Non-farm private employment fell by 250,000 jobs from the previous month on a seasonally adjusted basis, according to the ADP National ...
U.S. Loses 533,000 Jobs in November
nytimes.com 12/5/2008 — The unemployment rate rose to 6.7 percent as November saw the 11th consecutive monthly decline in nonfarm payrolls and the largest since 1974. >
This Will Get Ugly
balloon-juice.com 12/24/2008 — After the crazy outrage over Rick Warren, I fear this is going to have a predictable outcome :
Defense Secretary Robert M. Gates is asking many of the Bush administration’s 250 Pentagon political appointees to remain on the job until the ...
It's getting ugly out there
politico.com 10/25/2008 — A McCain staffer was assaulted last night in Pittsburgh.
Via Drudge:
Pittsburgh Police are investigating a report by a campaign staffer for John McCain that she was mugged and the letter B was cut into her face following a robbery in Bloomfield ...
Not Nearly As Ugly As It Will Get If McCain Wins
smalldeadanimals.com 11/3/2008 — "If McCain loses, it may get ugly ..." Because if he wins, the rage that will erupt on the left will make the last 8 years of Bush hatred seem like a vague distaste for cream sauces. And *that* is...
Republican Ugly
talkleft.com 10/16/2008 — Just when you thought it couldn't get any uglier : A San Bernardino County Republican group has distributed a newsletter picturing Democratic presidential candidate Barack Obama on a $10 bill adorned with a watermelon, ribs and a bucket of fried ...
Employment Report
angrybear.blogspot.com 11/7/2008 — The employment report confirms other evidence that the economy is accelerating to the downside. In comparison to other recession this looks like a very typical recessions. But to see how sever it is we will have to wait to see how long it last. Hours worked are weakening even more than earlier ...
The Jobs
yglesias.thinkprogress.org 1/9/2009 — We’re now up to 2.6 million jobs lost in 2008 and an unemployment rate of 7.2 percent, the kind of numbers we haven’t see since we pulled out of the early 1990s recession.
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