Rising Hegemon
Skittish employers slashed 533,000 jobs in November, the most in 34 years, catapulting the unemployment rate to 6.7 percent, dramatic proof the country is careening deeper into recession...
The loss of 533,000 payroll jobs was much deeper than the 320,000 job cuts economists were forecasting.
That is, I believe more than double the worst prior month this year (though not in the revised numbers which are also frightening) a year that has, I believe, yet to see a jobs report that actually had a (+) sign in front of it.
But, by all means, GOP, fuck over the big three automakers and their employees too.
After all, they aren't banks, right?
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