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Posted By ShadowX 1 year, 1 month ago in Business & Finance
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WHATEVER your opinion of the health of America's economy was a couple of days ago, it should now be a lot gloomier. The monthly jobs figures for August, released on Friday September 7th, were worse, far worse, than anyone expected. The economy lost 4000 jobs last month, the first monthly loss of jobs since August 2003. Already jittery financial mar

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Comments So Far: 14
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    erichnwise1 year, 1 month ago

    expert just published report and claims Don't Join MLM! Home based biz opps exposed http://success.erichnwise.com

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      vvv63vvv1 year, 1 month ago

      there's nothing to worry about... this kind of thing happens all the time

      poverty in america is just a myth... the only people truly poor are lazy and make poor choices

      you can buy a house and 2 cars with a 16hr/wk job.

      you people should watch fox like me and you wouldn't be falling for that left/socialist propaganda all the time...

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        quackpot1 year, 1 month ago

        At minimum wage times 16 hr/wk, times 48 weeks (four week vacation I assume) those two cars that this person could afford would have a total of how many functioning wheels?

        I think you might also be watching a few too many real estate infomercials... about how anybody can become a multimillionaire with no money down.

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        denden791 year, 1 month ago

        Now for a touch of REALITY. The unemployment numbers are FALSE! I live in Ohio, age 62, got laid off in July, and I can't collect unemployment benefits because I'm drawing SSI that is over the poverty limit. That's the law in Ohio, so..... as far as Ohio and the Feds are concerned, I'm NOT unemployed, so they don't count me. Don't think I'm the exception. There are thousands of workers in Ohio that can't collect benefits because they get SSI benefits from the USA.

        BUT... you can in Indiana! What's wrong with this picture? Count me disgruntled.

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          Dionys1 year, 1 month ago

          The numbers have been "padded" for years. What's the surprise? Only idiots believed the economy was strong when we pretty much produced nothing, created no new jobs, "unemployment" was down because people had been unemployed for so long they could no longer register, a good deal of people will be unemployed post-Iraq, &c..

          The recession started a long time ago. If you didn't plan accordingly you better get moving. It's not going to get better quickly.

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          JhnKroeger1 year, 1 month ago

          I find this so hard to believe,why George Bush say the economy is doing great, that we won the war in Iraq, he promised to smoke out all terrorist and that he's not making a profit off this war & I just know they will someday they will find weapons of mass destruction in Iraq.

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            ADAGUY1 year, 1 month ago

            This news has been lurking in the shadows for the last 4 years. Only the blind didn't see it coming. The figures regarding unemployment, and job growth, as well as many other economic factors are constantly being re-defined to make the economy look a little better than it really is. (Remember, flipping burgers is now a manufacturing job, as described by the Bush dept. of labor)

            You had best have something to fall back on, cause this is not going to be short and sweet!

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              NelsonR1 year, 1 month ago

              Great post guys. It is very refreshing to see many Americans see the scams in juggling numbers that denotes our government, especially under Bush and his cronies. Hated Bill Clinton but he is 1000 times more fiscally responsible than Bush and his continued deficit spending. Isn't Bush a Republican?

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                GrainOfSand1 year, 1 month ago

                Yea, what happened with being a CONSERVATIVE? CONSERVE is the root word here. Bush has no idea how to conserve anything. Our great-great-great grandchildren will be sweeping up Bush's mess. Is that conservatism? I think not.

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                  texangelwings1 year, 1 month ago

                  The local steel mill has seen major layoffs over the past 6 years. There will be another 300 jobs cut this week.

                  The steel manufacturing competition from overseas, has created ghost towns of the local communities. Empty buildings now for sale everywhere, many small businesses have closed because people have left the area to look for jobs elsewhere!

                  While driving through many towns in North Texas, things are beginning to look more like a depression.

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                    ekklesiawarrior1 year, 1 month ago

                    This is NEWS - America been in a bad state in finance sinc e 23 December 2004.

                    'The greenback hit $1.3502 against the Euro'

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                    pennantza4 months, 2 weeks ago

                    The monthly employment figures tend to have an outsize impact on financial markets. But this time Wall Street's reaction seemed justified. Not only were the overall figures far worse than expectedâ;;Wall Street's seers had forecast some 100,000 new jobsâ;;but revisions to prior months suggested that the job market has been weakening for a while. http://pricelistreview.org

                    I think you might also be watching a few too many real estate infomercials... about how anybody can become a multimillionaire with no money down.

                    Reply
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                      djourouzx3 months, 4 weeks ago

                      The figures regarding unemployment, and job growth, as well as many other economic factors are constantly being re-defined to make the economy look a little better than it really is.

                      Reply

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