So today we learned that we lost another 131,000 jobs last month, with an anemic 71,000 jobs created by the private sector and unemployment remaining at 9.5 percent. Last week we saw that economic growth slowed from 3.7 percent in the first quarter to 2.4 percent in the second quarter and personal consumption growth fell from 1.9 percent to 1.6 percent. Let's brush past the pain of joblessness and take the issue right to corporate terms: People who don't have jobs don't make good consumers.
Comment on Richard Trumka: Nothing 'Normal' About It
Richard Trumka, Huffington Post: Business
Fri, 08/06/2010 - 9:17am
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more