September Job Losses Soar!
Friday, October 3rd, 2008
If you’re at work today — and screwing around on the Internet, as usual — then good for you! This means you aren’t one of the 159,000 people who lost their jobs last month. The number is “unexpectedly large,” and the monthly job-loss rate is the biggest seen for FIVE AND A HALF YEARS, which should help the McCain campaign. The official unemployment rate remains 6.1% and 760,000 non-farm full-time jobs have vanished so far this year. [Reuters/Marketwatch]










