Happy Labor Day!
WASHINGTON (AP) — Employers added no jobs in August — an alarming setback for the economy that renewed fears of another recession and raised pressure on Washington to end the hiring standstill.
Worries flared Friday after the release of the worst jobs report since September 2010. Total payrolls were unchanged, the first time since 1945 that the government reported a net job change of zero. The unemployment rate stayed at 9.1 percent
Moody’s Zandi Says U.S. On Thin Ice
If you have a job, have a great Labor Day, if not, thank a union thug
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Lifelong Philadelphia resident, Marathoner, Photographer, Blogger, Muse.
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Not only zero, but he’s telling Gibson Guitars to do more work overseas, trying to close a Boeing assembly plant, Oklahoma Gas & Electric is reporting they’ll need to close some older coal-fired power plants since they don’t meet Obummer’s (spit!) new emmission standards.
The only jobs he’s created have been people working in the unemployment office, bankruptcy lawyers, car repossessors, home forclosures, and financial counselors.