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If Obama Wins Who Would Prevent Collapse?

loadstar Wrote: Sep 07, 2012 2:02 PM

The guvment just said that a mere 96,000 jobs were added last month...BUT 4 TIMES that many gave up looking entirely (so they will drop off the list of the 23 million who are actively looking or working only part-time-- the "underemployed")! We would need to add 250,000 jobs each month just to stay even!

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If Obama Wins Who Would Prevent Collapse?

The economy can’t recover until housing recovers, and neither can recover until the labor market recovers.

From Credit Suisse compliments of ZeroHedge.com:

[This measure of labor demand suggests businesses have become a lot less willing to hire in the last two months. Jobless claims in recent months are not showing a deteriorating picture for the layoff side of payrolls, but help wanted online ads are showing weakness on the hiring side.

Biggest two-month drop since the recession three years ago. Help wanted online ads posted a second straight triple-digit decline in Aug after Jul’s big drop. Importantly, new ads accounted for...

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