From CNN:
The U.S. says the economy added no jobs in August, the worst number since September 2010. The jobless rate was unchanged at 9.1%.
Economists typically estimate the nation needs to add about 150,000 jobs each month to keep up with population growth alone. It needs even stronger growth to recover the millions of jobs lost during the financial crisis.
No wonder Obama is about to hit us with a desperation speech.
Pepsiman
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