Death! Destructions! Armageddon!!
Oh wait...
Well, I guess it’s all over for the American economy.
HAH! Take that Mrs. Pelosi!
http://biz.yahoo.com/ap/080502/economy.html
Employers cut fewer jobs in April, jobless rate falls
Friday May 2, 8:35 am ET
By Jeannine Aversa, AP Economics Writer
Employers cut fewer jobs in April, jobless rate falls to 5 percent
WASHINGTON (AP) — Employers cut far fewer jobs in April than in recent months and the unemployment rate dropped to 5 percent. It was a better-than-expected showing that nonetheless still revealed strains in the nation’s crucial labor market.
A new report from the Labor Department on Friday shows that the economy lost jobs for the fourth month in a row. But in April the losses totaled 20,000, an improvement from the 81,000 reductions in payrolls logged in March. Job losses for both February and March turned out to be a bit deeper than previously reported.
everything is fine. no problems. inflation is way under control. interest rates are excellent and banks have so much money to loan. people are paying their bills. fuel prices are ridiculously low. economy is growing by leaps and bounds. businesses both small and large are prospering like never before. unemployment rate is excellent.
yep all is good.
I wonder what all these comments would look like if there was a Democrat in the White House.
Libs are deeply saddened.
Nowhere in the media is there any understanding of the natural rate of unemployment. Unemployment in any economy cannot be zero as there are always people who are “frictionally unemployed” and between jobs. 4-5% is pretty much the natural rate of unemployment in the US economy so for all practical purposes we are at full employment.
Keep trying to hire but no one want to work.
Bad news .... for democrats..
Could it be that Americans are starting to fill jobs that Americans wont do?
The kitchen down on the row just ran out of the soup of the day (CREAM of FEAR).
Low unemployment.
No recession.
Democrats are deeply saddened.
jw
Pelosi and Reid will claim that most workers who have lost their jobs recently have taken new lower paying jobs at McDonalds or Walmart.
WORST ECONOMY IN HISTORY!!!!!
What is occurring is what many experts (don’t ask me to name names) said would happen last year. We would have slow growth but no recession in the first half of the year. Then things would pick up. It looks like they were correct. But I guess we’re still DOOOOOOOOOOOOOOOOOOOOOOOOOMED! (smirk)
There is no news here, It's all a lie, We are winning at destroying America
The rest of the headline should read:
Liberals disappointed, hoped for worse.
Recession anyone? Other news that people need to get a grip on: