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The Great Jobs Depression Worsens, and the Choice Ahead Grows Starker

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Information on The Great Jobs Depression Worsens, and the Choice Ahead Grows Starker under Depression section of the Health Articles & Reviews; by Robert Reich The Great Jobs Depression continues to worsen. The Labor Department reports this morning that companies created ony 67,000 new jobs in August. ...

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The Great Jobs Depression Worsens, and the Choice Ahead Grows Starker

by Frances_Baker 09-04-2010, 01:45 AM

by Robert Reich The Great Jobs Depression continues to worsen. The Labor Department reports this morning that companies created ony 67,000 new jobs in August. That's down from the 107,000 they created in July. And because the government laid off temporary Census workers, the economy as a whole lost 54,000 jobs. To put this into perspective, we need 125,000 net new jobs a month just to keep up ...

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