Friday, May 8, 2009

Like I said. We need to Power Up USa and Put USa back to work...and stop playing number games and relying on Our Consumer Debt and Consumer Spending

from The Wall Street Journal

Nonfarm payrolls fell 539,000 in April, the smallest decline in six months and less than economists were expecting. But a good deal of the improvement came from temporary government hiring in advance of next year's Census.

The economy has shed 5.7 million jobs since the recession started in December 2007.

The unemployment rate, which is calculated using a survey of households as opposed to companies, increased 0.4 percentage point to 8.9%, the highest level since September 1983.

http://online.wsj.com/article/SB124178530342200595.html#mod=djemalertNEWS

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