Wednesday, January 7, 2009

The Crash of 2008 Continues

476,000 jobs were lost in November. 693,000 more american jobs disappeared in December, Increasing according to a closely watched survey of business employment. Thus during the last 2 months of 2008, 1,119,000 fewer Americans had jobs than in October. It should be noted that typically there is an employment surge as business add temporary employees to handle the Christmas buying surge. Not this year. Not maybe for many years to come.

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