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Friday, December 5, 2008

United States employers slash 533,000 jobs

If not knowing the actual numbers was bad enough ... along come the numbers and it is worse!

Skittish employers slashed 533,000 jobs in November, the most in 34 years, catapulting the unemployment rate to 6.7%.

That's 533,000 people that were working that are no longer working in November alone, people!

That means 533,000 no longer getting paid so they are no longer spending money to help drive the economy.

Does anyone (outside the wing-nut cadre) still think we are all doing the hokey-pokey and all is roses and lilacs with the economy?

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