September 1, 2010
Job Progress
I’m beginning to think we are becoming immune to employment reporting. A sentence from the beginning and end of a CNNMoney.com article (emphasis mine):
The good news: Overall employers announced fewer planned job cuts.
…
Economists are expecting the report to show there were 120,000 jobs lost in August, an improvement over July’s 131,000 job loss.
In a prolonged recession, I guess these pieces of information are uplifting.
