So....Is this great news or are we all going to die? : )
Networks and CNN will feature this as "worst economy since the great depression!"
But my amateur's opinion is that by September we will see the unemployment rate drop (back to school, then holiday hiring).
Also, starting in 3-4 weeks, we are going to see some sensational corporate earnings reports for the second quarter.
This should spur the market. Barring a terrorist event, or a big spike in fuel costs this economy is going to roar through the end of the year.
Jeez! It's already churning along now!
just now on foxnews;
fred barnes said that the household survey says that this
was the highest number of jobs EVER.