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Reply #11: No, this is the important number: 58.2% [View All]

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n2doc Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-08-11 09:52 AM
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11. No, this is the important number: 58.2%


By late 2010 and early this year, the situation was improving again — only to slide back again in recent months, this time because of gas prices, Europe (again) and general post-crisis uncertainty (again). The share of adults with jobs, 58.2 percent, is now tied with its low point since this recession began. It has not been lower since 1983. “This is a big bucket of very cold water,” Ian Shepherdson of High Frequency Economics wrote to clients this morning.

http://economix.blogs.nytimes.com/2011/07/08/overly-optimistic-once-again/

You Icon defenders live in a different world, don't you?
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