Oct 12, 2010

At current pace lost jobs won't recover until 2020

An article at the link below reports that lost jobs won't recover until 2020 at the current pace.

You won't be reading this in the main stream media - at least not until after the November elections.

The U.S. economy lost 95,000 jobs in September, far worse than expectations for no change in employment. More Census-related temp jobs ended, as expected, but state and local governments slashed staff far more than predicted.

So far in 2010, the U.S. has added just 613,000 jobs — for a monthly average of 68,111.

More here.