(H/T – JammieWearingFool)
I’m sure the LeftStreamMedia will find a way to spin this little burb from CNBC saying that the economy shed 298,000 private-sector jobs in August, far greater than the 250,000 predicted. The real bad news from ADP’s historical data – there are 3,487,000 fewer private-sector jobs than there were at the end of January.
But just think how bad it would be if we hadn’t passed that stimulus package! (SARC!)
[…] jobs report, which shows a preliminary 216,000 job loss for August, it’s time to update the earlier private-sector-only post of 3.487 million private-sector jobs lost since the end of January. With the creation of 377,000 […]