4 min. ago=> "Econonmy Lost 63,000 Jobs in February" New York Times - F'ing Nightmare News

[autorank]

Economy Lost 63,000 Jobs in February

By MICHAEL M. GRYNBAUM 4 minutes ago - New York Times)
A report showing the fastest fall-off in the labor market in five years raised anticipation on Wall Street that the Federal Reserve will lower interest rates sharply later this month...

Snip

The private sector lost 101,000 jobs last month, the biggest dropoff in five years. Retail stores shed 34,000 jobs, while the manufacturing sector lost 52,000 workers and construction firm payrolls shrank by 39,000 jobs.

The loss in February was the second consecutive monthly decline in the labor market; economists had predicted a slight increase. The government also revised down its estimate for January to a loss of 22,000 jobs — the first decline in four years — and cut in half its estimate for job growth in December.


Nice job by the all time wrecking crew - Bush/Cheney

[PDJane]

1. which will increase inflation,

Which will hit the poor hardest.

[autorank]

4. Right, but they don't care, they don't have to.

This is a Fed - Wall Street recession manufactured since 2001 by Alan Greenspan, front man for
The Money Party - Money Party to Citizens - Drop Dead!

The ARMS out there and other "instruments" that cause so much trouble were endorsed by Mr. Greenspan & pals despite serious warnings starting in 2001. There are other factors like a command economy run to feed the federal war force, etc. etc. But the FBI is investigating the housing bubble as a possible "conspiracy." (not that they'll do a damn thing;)

[DadOf2LittleAngels]

2. Sick!

"A report showing the fastest fall-off in the labor market in five years raised anticipation on Wall Street"

63K people out of work and were talking about Wall Street!!! WTF

[LSparkle]

3. On Hartmann this morning, Ravi Batra (sp?) said the household survey

was even worse -- showing a loss of like 200K jobs ... He also said "recession" is
too weak a word for what we're experiencing; this is closer to a "de ... " I can't
even type it ...

[mod mom]

5. These aren't statistics -these are people's lives being ruined thanks to bfee!