[lbo-talk] employment

Doug Henwood dhenwood at panix.com
Fri Jan 4 08:59:47 PST 2008


Totally crap U.S. employment report this morning. New jobs at just 18,000; private sector, off 13,000. Construction and manufacturing hammered; retail weak. Unemployment up a sharp 0.3 point to 5.0%. It really has a cusp of recession look to it.

Doug



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