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Economy loses jobs for the first time in four years
The Bush administration will need another "story" to tell.
Tim Grieve [2007-09-07]

  • Bad, but it was already bad

    Given that we need at least 100,000 new jobs each month to keep up with new entries into the workforce, even the 92,000 constituted a loss of jobs (call it "adjusting for inflation").

    Additionally, so many of the jobs created are second jobs, and crappy ones at that. Someone laid off from a $30/hr manufacturing job with healthcare, who is then forced to work two burger-flipping jobs, represents "job growth."

    I'm sure none of this is new to readers; just want to keep things in perspective.

    -- Reality-based Liberal
    [Read Reality-based Liberal's other letters]
    Friday, September 7, 2007 07:22 AM
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