Nothing To Do, Nowhere To Go 0
Bloomberg estimates:
The jobless rate jumped to 9.2 percent, the highest level since 1983, according to the median estimate of 75 economists in a Bloomberg News survey. Employers probably cut 520,000 workers from payrolls, the smallest decrease in seven months.
And a lot of the employment has been temp work.
Moral: A healthy economy can’t be built on financial shenanigans boxes of air. And, remember, this mess was not an accident. It was caused by policies. Republican policies.