Painful…But BetterJune 10, 2009
Written by Jeff Thredgold, CSP, President, Thredgold Economic Associates
Six months of horrific job losses gave way to a “still terrible but at least moving in the right direction” employment report for the month of May. The reported 345,000 job decline was sharply below the consensus forecast of a loss near 520,000 jobs. It was also the lowest number of reported monthly job losses in the past eight months. (more…)
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