Subject opinion to coercion: whom will you make your inquisitors? Fallible men, governed by bad passions, by private as well as public reasons. And why subject it to coercion? To produce uniformity? But is uniformity of opinion desirable? No more than of face and stature.

- Thomas Jefferson

Get A Job! What Job?

The US has seen the first decline in employment since August 2003, providing fresh evidence that the US economy could be entering a recession.

Employers cut 17,000 jobs from their payrolls in January, Labor Department figures showed. Economists had been expecting a rise of 80,000.
[Read]

No matter what the politicians say, the economy has to correct for excess. Bush and others seem surprised by the data, and want those "stimulus" checks sent out quicker.

Highlights:

- Manufacturing jobs declined by 28,000.
- Factory jobs have declined for 19 straight months, having has lost 269,000 jobs in the last year.
- Construction jobs down 27,000, the seventh straight decline, 284,000 workers since a 2006 peak.

posted at 15:59:51 on 02/01/08 by clearpolitics - Category: Economics - [Permalink]

Previous | Next

Comments

No comments yet

Add Comments

This item is closed, it's not possible to add new comments to it or to vote on it

Navigation

Please visit our sponsors: Moneyspot.com

Please visit our sponsors: Spreadware.com

The Gross National Debt