Friday, September 2, 2011

Job Growth Halts, Putting Washington Under Pressure - NYTimes.com


Cute.


Job Growth Halts, Putting Washington Under Pressure - NYTimes.com: "The dismal showing, the first time in 11 months that total payrolls did not rise, was the latest indication that the jobs recovery that began in 2010 lacked momentum. The unemployment rate for August did not budge, remaining at 9.1 percent.

As President Obama prepared to deliver a major proposal to bolster job creation next week, the report added to the pressure on the administration, on Republicans who have resisted any new stimulus spending, and on the Federal Reserve, which has been divided over the wisdom of using its limited arsenal of tools to get the economy moving again."

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