US loses 20,000 jobs in april and it's good news

why? because they projected a GREATER loss, so therefore this is good news. i can think of 20,000 people who don't think it's good news.


WASHINGTON (Reuters) - U.S. employers cut jobs for a fourth straight month in April, though not as vigorously as feared, according to a government report on Friday that also showed an unexpected improvement in the unemployment rate last month.

The Labor Department said 20,000 jobs were shed last month, far fewer than the 80,000 that economists surveyed by Reuters had anticipated would be lost. That followed upwardly revised losses of 81,000 jobs in March and 83,000 in February. Employers also cut 76,000 jobs in January.

The unemployment rate eased to 5 percent in April from 5.1 percent, contrary to forecasts that it would pick up to 5.2 percent.

http://www.nytimes.com/reuters/washington/politics-usa-economy-jobs.html?_r=1&hp=&oref=slogin&pagewanted=print

feed its citizens shit sandwiches and convince most of them that they are actually good .... and nutritious to boot.

that said that chocolate ration was reduced into an article hat said that the Ministry of Plenty actually increased the ration to 25 grams, and that there will demonstrations in the streets celebrating it. The news from DC is doublepluss good comrades!:eyes:

I read all the headlines from the last month and counted 100,000 reported layoffs. How come Bush is only reporting 20,000? (no need to answer. It's a dumb, stupid rhetorical question)

________________________________________________________________________
Layoffs rise 68 percent in April vs March: survey

Planned job cuts in U.S. companies totaled 90,015 last month, up from 53,579 in March and up 27 percent from a year earlier, employment consulting firm Challenger, Gray & Christmas Inc. reported.

The April layoffs were the steepest since the 100,315 cuts announced in September 2006.

http://www.reuters.com/article/domesticNews/idUSNAT00398320080501

because their checks stopped coming and they all got jobs at McDonald's.

Heckuva job, Georgie.

How the hell is THAT good news? :puke:

I posted this and then saw your post and I did a search before I posted mine.

Why yours didn't come up in the search is beyond me. :shrug: