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Friday, August 07, 2009

Nice Spin

Via Roto-Reuters:

Payrolls fall less in July, jobless rates eases

WASHINGTON (Reuters) - U.S. employers cut 247,000 jobs in July, far less than expected and the least in any month since last August, according to data on Friday that provided the clearest evidence yet that the economy was turning around.
[...]
So what you're actually saying is unemployment is still rising.

Nice. 247,000 more unemployed people is still 247,000 more unemployed people.





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