"Only dull people are brilliant at breakfast" -Oscar Wilde |
"The liberal soul shall be made fat, and he that watereth, shall be watered also himself." -- Proverbs 11:25 |
The unemployment rate jumped to 6.1 percent in August, the highest level since September of 2003. The establishment survey showed the economy losing another 84,000 jobs in August. With downward revisions to data for the prior two months, the economy has lost an average of 81,000 jobs over the last three months.
Virtually all the data in the household survey indicates that the labor market is weakening at a rapid pace. The 6.1 percent unemployment rate is only 0.2 percentage points below the 6.3 percent peak reached in June of 2003. The employment to population ratio (EPOP) ratio fell to 62.1 percent, only slightly above the 62.0 percent low hit in September of 2003.
Unemployment rose among almost all demographic groups, but women were hit hardest, with a rise of 0.7 pp to 5.3 percent.
[snip]
The only sectors that continue to show healthy job gains are health care, which added another 26,900 jobs, and state and local governments, which added 18,000 jobs. Job growth in both of these sectors is likely to fade as state and local budget shortfalls force cutbacks.
Labels: employment
Surely you don't really think that "health care" includes "health RESEARCH", or that "state and local government" includes third level contract researchers.
As you would doubtless know, they DO have medications for that!!!
The only health care jobs being created are for less-than-minimum-wage [read: illegal] workers who look after the Alzheimers-blessed and the only new government jobs seem to be prison guards or those listening in on phone calls and reading your emails.
You may now go back to sending resumes -- a totally useless pursuit for someone of your age!
PS: You probably should put your house on the market ASAP -- for $50,000 less than the realtor suggests -- so that you have some hope of getting rid of it before you run out of money!!
From Obama’s book: Audacity of Hope: “I WILL STAND WITH THE MUSLIMS SHOULD THE POLITICAL WINDS SHIFT IN AN UGLY DIRECTION.”
ISN’T IT FUNNY THAT MIDDLE EASTERN MUSLIM COUNTRIES HAVE BEEN SENDING MILLIONS TO HELP ELECT A " CHRISTIAN "
WWW.USAWAKEUP.ORG
WAKE UP AMERICANS.
VOTE FOR THE HONORABLE JOHN McCAIN IN NOVEMBER!