"Non-violence leads to the highest ethics, which is the goal of all evolution. Until we stop harming all other living beings, we are still savages" -Thomas A. Edison

Saturday, August 02, 2008

Jared Bernstein and Heidi Shierholz at the Economic Policy Institute

"On average this year, payrolls have contracted by 66,000 per month. Job loss in the private sector has occurred more quickly, however, dropping an average of 83,000 jobs a month since it peaked in November 2007. Private sector payrolls are down 665,000 since then, including the loss of 76,000 last month. Since government employment is less sensitive to the business cycle, the private sector losses are more indicative of the full extent of labor market weakness...."


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