Another sure sign of the recession. This is the highest rate in 5 years.
Something interesting I just saw. I had on Morning Joe and he was talking to Erin Burnett of CNBC. They were trying the usual “sugar coating” of the economy when Burnett was handed a piece of paper. She looked at it and kind of looked shock and said “Wow” then pushed it off to the side. A couple minutes later was when the breaking news alert of the new jobs figures started coming in. Was that what she was given and wanted to go back to sugar coating? If so, then isn’t their job to report the news, not make it up?