Job losses mount

I’ve spent a lot of time talking about the current state of our nation’s economy, and while I’d love to talk about some good news, there just isn’t much to report.

The Labor Department released September’s unemployment numbers, and the numbers weren’t good. While the unemployment rate held steady at 6.1 percent, employers cut 159,000 jobs in September, more than double the number of jobs that were cut in August. For those of you keeping track at home, September’s job losses takes us over 750,000 jobs lost for the year, and with October, November, and December left to go, there’s a great chance we’ll break a million jobs lost for the year.

But hey, I suppose as long as our mall parking lots are still full, the economy must be in good shape, right?


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