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Archive of entries posted on 11th July 2011

I refuse to be depressed by Friday’s miserable jobs report.

But the jobs report really was miserable.  From one commentary: Total employment fell by 445,000. Full-time employment is down by 0.5% in the last year, while part-time is up 3%. David Rosenberg calls this the just-in-time labor market. The total number of unemployed rose to over 14 million. If you count the discouraged workers not […]