Job losses in 2009 likely bigger than thought

Reuters via Yahoo! News ^ | October 7, 2010 | By Lucia Mutikani

[TomGuy]

(Reuters) - The economy likely shed more jobs last year than previously thought, but analysts say the undercount by the government should prove less severe than it did during depths of the recession.

That statement is pure hogwash.

Reuters should fire the reporter who wrote that crap.

[fhayek]

Job losses in 2009 likely bigger than thought

Thought by whom? You and me perhaps, but I bet the Labor Department knew the truth. Stimulus my a$$!

[SunkenCiv]

Thanks Oldeconomybuyer.

• Analysis: Jobs report is bleak news for Democrats
• Obama on Fox: "this recovery...jobs..trend line moving in RIGHT Direction" (Thick as Brick Alert)
• Dollar falls below 82 yen after U.S. jobs data
• Nonfarm payroll employment falls 95,000 (Unemployment rate unchanged at 9.6%)
• Stimulus funds went to dead people
• Despite White House Spin, Obama Believes Government Should Run Our Economy
• U.S. Sept. ADP employment down 39,000
• BofA stops foreclosures in all 50 states
• Foreclosure Bill Is Blocked (Obama Plans His First Significant Veto...)
• Ohio AG sues GMAC, Ally over foreclosure fraud
• AG Holder says Justice looking into foreclosures

[Auntie Mame]

(Reuters) - The economy likely shed more jobs last year than previously thought, but analysts say the undercount by the government should prove less severe than it did during depths of the recession.

Reuters should fire the reporter who wrote that crap.

I agree. But we both know they won't because this is the kind of hogwash they put out every single day (although one of their more delicious examples).

[Ronbo1948]

What a SURPRISE!

Totally UNEXPECTED!

The Obama Regime with evil intentions throws monkey wrenches into the economy for 24 months and manage to tear up all the gears, thus create massive unemployment.

Who would have thought this outcome?

[Ronbo1948]

How about “TREASON?”

http://ronbosoldier.blogspot.com/

[griswold3]

Now you’re playing my song.
Without ‘rule of law’ and ‘private property rights’ supposedly enforced by the government, there can be no commerce.

[Willie Green]

I think Obama should swallow his pride and nominate George W. Bush as our nation's first special Fast Track Free Trade Czar.
Dubya will need Emergency Powers to implement immediate downsizing and outsourcing of more jobs to Mexico, India and China to resolve this crisis.
Oh... and while we're at it.... let's eliminate the minimum wage and tell all the illegal immigrants to c'mon back to America..
THAT should get our economy humming again!!!

/sarc

[LibLieSlayer]

Amen.

LLS