Unemployment at 6.7%--and that's a lagging indicator

Friday, December 05, 2008

And the leading indicators aren't looking any better.
"They have to bang some heads together and say this is what's going on — these are the systemic problems we've been having. There has to be some kind of grand bargain here."
— Daniel Gross on economic solutions
The latest jobless numbers are out this morning, with a 6.7 percent rise in unemployment and a loss of 533,000 jobs in November. That's the 11th consecutive monthly decline.


Daniel Gross

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