Friday, May 08, 2009

8.9

By Creature

That's the percentage of Americans currently unemployed. Include folks who have stopped looking for work, or have settled for part-time work, and that number jumps to 15.8%. The good news here is that layoffs slowed in April as employers cut 539,000 jobs. Still a holy-crap number but yet it's the fewest jobs lost in the last six months. What kept that number low: "a burst of government hiring." But everyone knows those aren't real jobs. Isn't that right, Chairman Steele?

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