Friday, December 05, 2008
November Job Losses the Largest in 34 Years!
From The NY Times:
"With the economy deteriorating rapidly, the nation’s employers shed 533,000 jobs in November, the 11th consecutive monthly decline, the government reported Friday morning, and the unemployment rate rose to 6.7 percent.
The decline, the largest one-month loss since December 1974, was fresh evidence that the economic contraction accelerated in November, promising to make the current recession, already 12 months old, the longest since the Great Depression."
Clikc here more.
Labels: Economy, GOP incompetence
