It’s getting ugly again

posted by
September 5, 2011
Our Future Blog
by Charles McMillion  
Posted in Commentary, PND Commentary

"Today’s Bureau of Labor Statistics report on U.S. jobs in August shows not only that no new jobs were created in August -- zero change -- but it also revises down the number of jobs in June and July, mostly due to worse than previously estimated cuts in state and local government jobs. The net result is that the new data show the U.S. has 58,000 fewer jobs in August than was previously estimated for July. It gets worse. Not only were no jobs created in August, but the 'average' paid workweek was reduced to 34.2 hours a week from 34.3 hours a week in July." (09/02/11)  

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