Friday, December 4, 2009

Good News

NY Times: U.S. Economy Lost Only 11,000 Jobs in November

The Labor Department reported that the United States economy lost 11,000 jobs in November, and the unemployment rate fell to 10 percent, down from 10.2 percent in October.

The government also significantly revised its September and October job loss estimates. September’s data was adjusted to show a loss of 139,000 jobs instead of 219,000, and in October 111,000 jobs were lost, instead of 190,000. Even allowing for the November loss, the revisions added 148,000 people to the list of those employed in the United States in November.

How soon before Fixed News declares that the stimulus had nothing to do with it and that this is just the natural upturn in any recession? You know, just like climate change is in a natural cycle and 150 years of industrial revolution CO2 has nothing to do with it.

1 comment:

NowhereMan said...

Look!Hes still losing jobs!