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Republican Recession Watch: There Goes Employment

The economy is Bushed.

Nervous employers cut 17,000 jobs in January — the first such reduction in more than four years and a fresh sign that the economy is in danger of stalling.

The Labor Department’s report, released Friday, also showed that the unemployment rate dipped slightly to 4.9 percent, from 5 percent, as the civilian labor force shrank slightly.

Job losses were widespread. Manufacturers, construction firms and a variety of professional and business services eliminated jobs in January — reflecting the toll of the housing and credit debacles. The government cut jobs, too. All those cuts swamped job gains in education, health care, retailing and elsewhere.

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6 Responses to “Republican Recession Watch: There Goes Employment”

  1. durablend says:

    “Bu…bu…but the economy is STRONNNNNNNNNNNNNG!!!! It’s that damn liberal media’s fault for making things sound worse thant they really are!!!! This is a sure sign that this country desperately needs more tax cuts for the rich!!!!”

  2. The Democrats really need to run an ad with McCain saying, ‘I don’t know much about economics.’

    They will have close to $100 million extras in money, they need to run that ad over and over again.

  3. durablend says:

    Well McCain’s campaign slogan does boil down to “Elect Me–Less Jobs, More Wars!”

  4. OxyCon says:

    Have no fear!
    Fox Bidness Channel will save America from the evil anti-capitalist Libruls!

  5. pd100 says:

    The easiest Dem talking point would be:

    Not one net job under the Bush presidency.

    None.
    Zero.
    Nada.

    (Seriously, people. look for yourself.)

  6. Zython says:

    Well McCain’s campaign slogan does boil down to “Elect Me–Less Jobs, More Wars!”

    I don’t get the first part here. If you’re talking about him saying that those auto jobs in Michigan aren’t coming back, well, they aren’t.