Building The Perfect Beast

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Actually, The U.S. Lost 1.2 Million Jobs Last Month

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Everyone (including us) is saying this morning that the U.S. economy gained 163,000 jobs last month. Strictly speaking, this is a lie.

In fact, the U.S. economy actually lost 1.2 million jobs last month.

Ouch.

Actually, The U.S. Lost 1.2 Million Jobs Last Month | via NPR’s Planet Money blog.

Which is still, in my opinion, THE single best place to get financial news you can understand.

Written by Jeffery Battersby

August 3rd, 2012 at 11:44 am