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Jobs Report Double Plus Un-Good

September 5th, 2008 · Leave A Comment

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(No, not that Jobs…)

It seems the banking and housing crises might be nearing the end of their panic throes.

…aaand we are beginning to enter the downswing in the hiring market. The job market seems to be lagging the other problems we’ve been seeing in the economy, but a downturn in hiring could be a leading indicator of an “official” recession.

I’d get while the getting is good. The next six months or so could be ugly. Happy Friday.

Unemployment climbs to 5-year high of 6.1 percent (AP)

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Tags: Jobs