Unstable Economic Fundamentals

This AP article says that employers slashed payrolls by 159,000 in September, the most in more than five years. It marked the ninth straight month that the economy has lost jobs. So far this year, 760,000 jobs have disappeared.

These fundamentals seem a bit shaky.
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2 comments:

  1. BrianOctober 3, 2008 at 2:42:00 PM CDT

    Bob,

    It's bad and getting worse. I think it's going to be bad for a while.

    At least now no one is denying that it's bad. That's the first step to recovery.

    ReplyDelete
  2. Mark (under construction)October 3, 2008 at 7:46:00 PM CDT

    We're on the road to no where.... bumpy times ahead, we need more than an SUV!!!

    ReplyDelete

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