Friday, September 4, 2009

August Unemployment

Probably the greatest labor saving device in the history of the nation
Is the present Administration.
— Ogden Nash

The Bureau of Labor Statistics released their monthly Employment Situation this morning. It showed continued job losses and put the unemployment rate at 9.7%. Quoting the report: "the number of unemployed persons increased by 466,000 to 14.9 million."


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