New unemployment statistics out this morning show more of the same: more jobs lost, stagnant growth.
“U.S. Nonfarm Payrolls Declined For The 25th Time In The Past 26 Months, Falling By 36,000 In February . . .” (Rex Nutting, “Payrolls Fall By 36,000,” The Wall Street Journal’s Market Watch, 3/5/10)
“The Nation's Jobless Rate Was Steady At 9.7% . . .” (Rex Nutting, “Payrolls Fall By 36,000,” The Wall Street Journal’s Market Watch, 3/5/10)
Real Unemployment Rose From 16.5% To 16.8%. “The U6 alternative gauge of the unemployment rate, which includes discouraged workers and those forced to work part-time, rose to 16.8% from 16.5%.” (Rex Nutting, “Payrolls Fall By 36,000,” The Wall Street Journal’s Market Watch, 3/5/10)
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