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Another 51,000 Jobs Lost

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HK

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Another 51,000 Jobs Lost

wrote:
On Aug 1, 10:54 am, "Don White" wrote:
"hk" wrote in message

. ..

Eisboch wrote:
"hk" wrote in message
. ..
U.S. Payrolls Drop 51,000 Jobs; Jobless Rate Rises
By Shobhana Chandra
Aug. 1 (Bloomberg) -- The U.S. unemployment rate rose to the highest
level in more than four years as employers cut jobs again in July,
increasing the threat of a deeper economic slowdown.
Look at it this way. Of course we are in an economic downturn cycle.
Employers are doing what they need to do in order to stay in business.
If they didn't .... there would be fewer companies around, hiring and
helping to fuel the recovery, when it comes ... and it will.
See? There's always a silver lining.
Eisboch
*My* concern is that the social safety net has been so decimated in the
last few years that there will be millions more Americans suffering
through long-term unemployment without extended benefits or access to
health care, and many American families will be tossed out of their homes.
While the rich get richer.
I guess they could always join the army for yet another MidEast adventure.- Hide quoted text -

- Show quoted text -

Wow, another productive flame fest.. too bad Chuckies place didn't do
better....

Sorry you are taking this so personally.

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