Research firm: U.S. lost 5.9M jobs in 12 months
November4
Wonder why there are so many foreclosures? Wonder why there is such a health care crisis? Wonder why the economy is having trouble getting it’s feet back under it?
It’s always related to EMPLOYMENT. ALWAYS.
Research firm: U.S. lost 284,000 jobs in Oct., a modest improvement over the 358,000 jobs shed in September.
In a research note, TrimTabs added that wages and salaries are still declining sequentially. The firm estimates based on income tax deposits that wages and salaries fell 5.3 percent year over year in September and 4.6 percent year over year in October, steeper than declines earlier in the year.
Source: Trim Tabs Investment Research
