Friday, 8 May 2009

The Way We Live Now

Half a million jobs lost in a single month is considered... relatively good news.

The United States economy lost 539,000 jobs in April, the government reported on Friday, a sign that the relentless pace of job losses was starting to level off slightly but was still nowhere near ending.

A year ago, the loss of more than half a million jobs in a single month would have seemed like a disaster for the economy. On Friday, experts were calling it an improvement.

Heaven help us.

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