Author Topic: Another 580,000 jobs lost in April 2009  (Read 572 times)

Soul Crusher

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Another 580,000 jobs lost in April 2009
« on: May 03, 2009, 07:25:37 PM »
Another steep drop in payrolls expected in April
Market Watch ^ | 05/03/09 | Rex Nutting

Posted on Sunday, May 03, 2009 10:00:37 PM by TigerLikesRooster

Another steep drop in payrolls expected in April

580,000 lost jobs would be the least bad in six months

By Rex Nutting, MarketWatch

Last update: 10:13 a.m. EDT May 3, 2009

WASHINGTON (MarketWatch) - U.S. workers lost jobs at a devastating rate again in April, but the expected loss of 580,000 would be least bad since October, economists said. Compared with what the economy has just seen, 580,000 lost jobs might look good. But in absolute terms, it'd be horrible. Aside from the current recession, it would be in percentage terms the eighth worst month for job losses in the past 50 years.

Meanwhile, according to economists surveyed by MarketWatch, the unemployment rate is expected to rise another half percentage point to a 26-year high of 9% with little end in sight.

The April employment report will be the highlight of a week that's relatively light for economic data. The jobs numbers will be released at 8:30 a.m. on Friday.


(Excerpt) Read more at marketwatch.com ...


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CARTEL

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Re: Another 580,000 jobs lost in April 2009
« Reply #1 on: May 03, 2009, 07:41:16 PM »
Bush does it again  ::)

It must be hard for Obama to keep Bush out of the Oval Office. He keeps sneaking in there and messing everything up!

War-Horse

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Re: Another 580,000 jobs lost in April 2009
« Reply #2 on: May 03, 2009, 07:51:01 PM »
Bush does it again  ::)

It must be hard for Obama to keep Bush out of the Oval Office. He keeps sneaking in there and messing everything up!




Its called residual effect.  The dominos will keep falling for years to come and america will never be the same.



And yes, obama seems to be as stupid as bush was........

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Re: Another 580,000 jobs lost in April 2009
« Reply #3 on: May 04, 2009, 11:29:02 AM »
Bush does it again  ::)

It must be hard for Obama to keep Bush out of the Oval Office. He keeps sneaking in there and messing everything up!

We will feel the effects of "THE BUSH" for the rest of our lives....  Everyone expects Obama to STOP this disaster in 100 days...  This was 8 years of fuck ups, law changes, and a total disaster he has to try to fix...  Its sad how many people blame Obama for the mess he had to take over... Not one person Blames 'THE BUSH"... 

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Re: Another 580,000 jobs lost in April 2009
« Reply #4 on: May 04, 2009, 11:56:26 AM »
We will feel the effects of "THE BUSH" for the rest of our lives....  Everyone expects Obama to STOP this disaster in 100 days...  This was 8 years of fuck ups, law changes, and a total disaster he has to try to fix...  Its sad how many people blame Obama for the mess he had to take over... Not one person Blames 'THE BUSH"... 

Thats because the cause and fault lies with Barney Frank,Chris Dodd and the community reinvestment act that forced banks to give loans to people that couldnt afford them.All in the name of diversity.NOT BUSH!!!!THE FILTHY MINORITY ,POOR LOVING DEMOCRATS!!!!!!!!

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Re: Another 580,000 jobs lost in April 2009
« Reply #5 on: May 04, 2009, 11:57:12 AM »
Another steep drop in payrolls expected in April
Market Watch ^ | 05/03/09 | Rex Nutting

Posted on Sunday, May 03, 2009 10:00:37 PM by TigerLikesRooster

Another steep drop in payrolls expected in April

580,000 lost jobs would be the least bad in six months

By Rex Nutting, MarketWatch

Last update: 10:13 a.m. EDT May 3, 2009

WASHINGTON (MarketWatch) - U.S. workers lost jobs at a devastating rate again in April, but the expected loss of 580,000 would be least bad since October, economists said. Compared with what the economy has just seen, 580,000 lost jobs might look good. But in absolute terms, it'd be horrible. Aside from the current recession, it would be in percentage terms the eighth worst month for job losses in the past 50 years.

Meanwhile, according to economists surveyed by MarketWatch, the unemployment rate is expected to rise another half percentage point to a 26-year high of 9% with little end in sight.

The April employment report will be the highlight of a week that's relatively light for economic data. The jobs numbers will be released at 8:30 a.m. on Friday.


(Excerpt) Read more at marketwatch.com ...


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Bindare_Dundat

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Re: Another 580,000 jobs lost in April 2009
« Reply #6 on: May 05, 2009, 01:06:33 PM »
We will feel the effects of "THE BUSH" for the rest of our lives....  Everyone expects Obama to STOP this disaster in 100 days...  This was 8 years of fuck ups, law changes, and a total disaster he has to try to fix...  Its sad how many people blame Obama for the mess he had to take over... Not one person Blames 'THE BUSH"... 

If Bush was still in and he did the exact same thing Obama did, (the continued spending), you would all be freaking out  having a big shit attack. I'm not defending that idiot Bush but for Christ sakes, open your eyes, they are all the same.