The new Obama job’s sign.
It’s the first time since 1945 that the government has reported a net job change of zero.
No new jobs in August.
The AP reported:
Employers added no net jobs in August, while unemployment rate was unchanged at 9.1 pct.
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Obviously, the only reason the unemployment rate did not go in August was because thousands of American workers quit looking for a job.
More… David Wessel reported- 6 million people have been out of work for 6 months or more, 42.9% of all those unemployed.
Still More… Black unemployment at its highest level in 27 years.
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