Job market takes turn for worse – amFIX - CNN.com Blogs
Source: amfix.blogs.cnn.com
NEW YORK (CNNMoney.com) – The battered U.S. labor market took a step backwards last month as employers trimmed more jobs from their payrolls in June, according to a government report Thursday.


Paul MacLean at 14:38 on 02 July
As Obama advised before, it's gonna take at least 2 years for the stimulus to actuall take into effect....He not once, ever said that this was gonna be an easy ride....this is wot happens when banks and other type of financial instiutions reduce credit limits and increase interest rates!!....you really cant even blame the former Bush and Clinton ... Read moreadministrations...the problem was, is that the former administrations (Bush and Clinton) had their hands tied, they were never able to pass any bills to stop this insanity, we're just hoping that Obama may have better luck!!...thats all. Once the stimulus starts to take action, then perhaps the jobless rate will actually start to come down....in ten years' time!!