Good news! Jobs report: 114K jobs added, jobless rate 7.8%. But the bad news is 342K more people left the work force. “Some 582,000 Americans took part- time positions because of slack business conditions or those jobs were the only work they could find.” The U-6 rate is still at 14.7%, and it hasn’t been below 14% in years….
Author: Bonfire of the Absurdities
After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.
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