by Sam Ro from Business Insider
It’s jobs day in America.
This morning we learned that the U.S. economy added 155k jobs in December and the unemployment rate ticked up in 7.8 percent.
Although the numbers were in line with economists’ expectations, they still reflect a job market that remains incredibly weak almost four years into the economic recovery.
[snip]
More here.
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Left Coast Dan
January 4th, 2013
I was surprised, and impressed, to see that on Business Insider, which seems to me to be the Huffington Post of financial news.
Stranded in Sonoma
January 5th, 2013
Don’t you know Dan, that it is now “safe” to discuss the economy since 0bama
stolewon the election?airandee
January 5th, 2013
It stikes me that regardless of the severity of the unemployment dip that maybe the size of the federal deficit and debt is what is extending the recoveries further and further out.
The next dip (or the current) may never come back until the debt and deficit are under control.