Private Sector Job Growth Stalls
Pay no attention to those temporary Census workers behind the curtain. The May jobs report was abysmal, with private payroll growth clocking in at just 41,000 - a steep drop from recent months and a small fraction of what's needed just to keep up with population growth.
Did you enjoy the recovery?
Update: At least the administration isn't pretending it managed to avoid snatching malaise from the jaws of recovery. Labor Secretary Hilda Solis just told CNBC we're currently in a "deep, deep recession."
Were consensus that she knew what she was talking about, we might've just seen another flash crash.
Handcrafted by Flip on June 4, 2010 |
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