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U.S. companies slash 533,000 jobs in Nov.

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Roon Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 08:42 AM
Original message
U.S. companies slash 533,000 jobs in Nov.
WASHINGTON - The government says employers axed 533,000 jobs in November, the most in 34 years, and the unemployment rate rose to 6.7 percent.

http://www.msnbc.msn.com/id/28067433/

Remember, this has nothing to do with Bush..this is the result of the clenis and Americans electing Obama.
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bigscott Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 08:47 AM
Response to Original message
1. we are so screwed
these are the NOVEMBER numbers too - there have already been 25,000 job cuts announced in just the first 4 days of Dec!
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blueclown Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 08:48 AM
Response to Reply #1
2. January and Febuary will be a bloodbath.
We should be up to 8% or 9% unemployment by then.
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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 08:49 AM
Response to Reply #2
3. 8 or 9 percent OFFICIALLY.....I think we're already past that in reality.
n/t
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blueclown Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 08:51 AM
Response to Reply #3
4. Well, obviously.
I'm just reporting the official numbers.

I have no reason to doubt unemployment is higher than that.
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