This story is archived

Employers Slashed 80,000 Jobs In March »

Posted by: TimALoftis 1 year, 9 months ago
Archived 89 0 drops

At the same time, the national unemployment rate rose from 4.8 percent to 5.1 percent, the clearest signal yet that the economy may already be in a recession.

Read Full Story at money.aol.com »
Submitted By:
TimALoftis

Wishing All My Friends Here At Propeller The Very Best During This Holiday Season.

HAPPY NEW YEAR!

Who Also Submitted:

This Story is Archived and Commenting is Closed

Comments: 25
  • Avg rating: (+0/-0 0)TheVisionary
    TheVisionary
    April 4, 2008, 10:46 a.m.

    I was trying to figure out if this is a scary time to graduate (I still have a year left, but I know quite a few friends that are graduating.) But perhaps it's not a bad time since if businesses do need to hire they might look for those with a bit less experience simply because they can pay them a lower salary...maybe. Maybe I'm just being optimistic.

    • Avg rating: (+0/-0 0)Wil
      Wil
      April 4, 2008, 2:05 p.m.

      Wow. Thanks, George W. Bush and cronies! You've done a heckuvajob killing the middle class.

      • Avg rating: (+0/-0 0)Wolfie2007
        Wolfie2007
        April 4, 2008, 2:31 p.m.

        It never fails when the democrats get in the majority in congress the economy goes south. As Ann Coulter says, "It all liberals fault." lol

        • Avg rating: (+0/-0 0)Dionys
          Dionys
          April 4, 2008, 5:07 p.m.

          Keep in mind all the unemployed not even counted -- those who've already either given up after years of searching or who have been removed from the list because they've been on it so long.

          Keep in mind the hundreds of thousands of soldiers and employed Americans in Iraq who have to return at some point (God willing) from this insane war. Who will return to no work, few jobs, fewer opportunities and starvation. Not to mention poor coverage from the VA thanks to BushCo.

          The US is deeper in the hole than most believe or will even consider.

          • Avg rating: (+0/-0 0)NoWayMan
            NoWayMan
            April 4, 2008, 6:58 p.m.

            only the bushbots still believe we're not yet in a recession, or that recession can be avoided.

            but of course, they're wrong. as usual.

            http://online.wsj.com/public/article/SB12053451...

            • Avg rating: (+0/-0 0)jumpmaster
              jumpmaster
              April 4, 2008, 9 p.m.

              I am a hiring manager and I cannot find a decent candidate for any of my jobs. The labor pool may be large but it is very shallow. I have jobs that pay from $25K to $200K and all that are available are dead heads and retreads.

              All 25 comments are shown.

              Submit a Story

              Advertisement