Friday, September 2, 2011

August Job Numbers: Zero

This is bad.

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 precisely net zero jobs created for a month.
But hey, that jobs speech could wait another day, right?

Seriously though, let's see what the President has to say, and how the Republican Party will react. Are they going to work with the President for the sake of the country, or are they going to obstruct anything that may help dig the economy out of the recession hole?

I know. Stupid question.

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