Job Loss "Worst in 60 Years" - More to Come
As usual, the whoring media is good for nothing but spreading news of disease to the public at large. But try to get a straight answer from these whores as to the solution or the cause of this nightmare and you might as well be talking to a wall.
The Labor Department on Friday is slated to release a report expected to show that February was an especially cruel month for America's workers.Classic depersonalized BS!
Employers likely slashed a net total of 648,000 jobs last month, according to economists' forecasts. If they are right, it would mark the worst month of job losses since the recession started in December 2007. It also would represent the single biggest month of job reductions since October 1949, when the country was just pulling out of a painful recession, although the labor force has grown significantly since then.
"The pace of layoffs is fast and furious," said Stuart Hoffman, chief economist at PNC Financial Services Group. "We're still in the teeth of this recession and the bite has not let up at all."
We're not in the teeth of the greedy bastards who are currently in the process of deliberately and methodically chewing out our hides and leaving us for dead - Noooooo!!! - the whoring media wants us to believe we're in the unfortunate position of being "in the teeth" of "this recession" - this terrible but anonymous, indiscriminate and naturally occurring so-called business cycle - with no one to blame and nowhere to turn.
BULLSHIT!
Why is it that bankers and elite corporatists get to keep their cushy jobs while the rest of us suddenly find ourselves robbed of life and home?
That brings us back to the age old question - why do dogs lick their balls? Because they can!!!
All of this is happening to us because we let it happen to us - Bankers and Corporations get away with keeping their profits up at the expense of a large majority of us losing our jobs because we let them!
These bastards aren't going to stop until we force them to stop or until they have turned the entire world into a steaming hell-hole filled with landless and homeless migrant workers - which is exactly what they planned all along.
And even then, they won't stop since that's exactly how they'll want to keep it.
posted by qrswave @ Friday, March 06, 2009
5 Comments:
I just went back to the original article that I got the above quotes from and guess what?
It's been replaced with the following:
Jobless Rate Soars to 8.1 Percent, Highest Since 1983
The Labor Department's report shows America's workers being clobbered by a relentless wave of layoffs.
AP
Friday, March 06, 2009
WASHINGTON -- The government says the nation's unemployment rate bolted to 8.1 percent in February, the highest since late 1983, as cost-cutting employers slashed 651,000 jobs.
The Labor Department's report shows America's workers being clobbered by a relentless wave of layoffs.
The net loss of 651,000 jobs in February came after even deeper payroll reductions in the prior two months, according to revised figures. The economy lost 681,000 jobs in December and another 655,000 in January.
How could this be???
According to the first article, if the report had come out citing the loss of 648,000 jobs then it would have been the worst job loss in 60 years.
But, now that the report has come out and 650,000 jobs have been lost it's only the worst loss since 1983???
I smell a rat!
The media spits so much shit and lies, that checking their ballpark figures can get a bit hairy.
The video for the link 'homeless migrant workers' can be found here, you may wish to replace the orwelled one.
The "highest since 1983" measure refers to the actual unemployment rate, whereas the "worst job loss in 60 years" corresponds to the monthly rate of increase. (It's actually 70 years. But the figures were worse than expected.) The London Financial Times reports:
"Government figures released on Friday showed that unemployment rose to 8.1 per cent in February, the highest rate since 1983, as another set of dire official figures showed staff being axed across the economy.
The number of jobs lost in February reached 651,000, the third consecutive month in which more than 600,000 posts have been shed – a sequence last recorded in 1939."
Source
So, ominously, it is the rate of increase which is particularly bad. The degree of Zionist infiltration, parasitism, theft and control is not good, either!
poseidon -
many thanks for that very sharp observation!
they are planning to bring the great people of this nation to their knees at a ferocious rate but they don't want people to notice how bad just yet...
that's why they modified the title.
the worst is yet to come.
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