Friday, September 2, 2011

Net US Jobs Added Last Month: Zero. Nada. Zilch.

Link here.
The US economy created no jobs and the unemployment rate held steadily higher at 9.1 percent in August, fueling concerns that the US is heading for another recession.

It was the first time since World War II that the economy had a net zero jobs created for a month.
Drudge called it the bleakest report in 12 months.

I can hardly wait for the next jobs program speech. I'm being serious. It will be an opportunity for a break just before the NFL football season opener.

By the way, even NASCAR has scheduling conflicts; more than half the field will be unable to attend the president's invitation "for a photo op" due to their own scheduling conflicts. I can't make this stuff up.

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