250K jobs lost in november

[lemeeeplay]

http://www.bloomberg.com/apps/news?pid=20601087&sid=aPdFyfMybk4w&refer=home

"... Companies in the U.S. eliminated an estimated 250,000 jobs in November, the most since November 2001, a private report based on payroll data showed today..."


At this rate, unemployment will be at 10% by spring.

 

[gnome]

Quote from lemeeeplay:

http://www.bloomberg.com/apps/news?pid=20601087&sid=aPdFyfMybk4w&refer=home

"... Companies in the U.S. eliminated an estimated 250,000 jobs in November, the most since November 2001, a private report based on payroll data showed today..."


At this rate, unemployment will be at 10% by spring.

Yeah, but "the bottom is in... market gonna rally"... so, don't worry, be happy.

 

[fearless9]

Job loss exceeding 1M for Feb+ March '09 would not surprise me

regards
f9

 

[stock_trad3r]

um yea except that 250K jobs is only a tiny percentage of the total number of jobs in America, so it is isn't a big deal when you put it in perspective. Around 10 million Americans are looking for jobs so an extra 250K isn't much.

 

[R. Raskolnikov]

You are right, no big deal. People can just pluck money from their money trees. Everything will be just fine.

Quote from stock_trad3r:

um yea except that 250K jobs is only a tiny percentage of the total number of jobs in America, so it is isn't a big deal when you put it in perspective. Around 10 million Americans are looking for jobs so an extra 250K isn't much.

 

[copa8]

Quote from lemeeeplay:

http://www.bloomberg.com/apps/news?pid=20601087&sid=aPdFyfMybk4w&refer=home

"... Companies in the U.S. eliminated an estimated 250,000 jobs in November, the most since November 2001, a private report based on payroll data showed today..."


At this rate, unemployment will be at 10% by spring.

my dept had 11 last july. now it's just me and the mgr. :eek:

 

[swtrader]

sounds like we need a new guest worker bill

raising h-1bs imports 'brilliant minds' that create jobs

i kid you not, that's what they're gonna say, black is white, up is down etc

bet obama and mccain are working on one