Job Losses Are Increasing

Posted by Louis Navellier on 7/7/08 7:20 am

The slow, but steady deterioration in the job market is taking its toll on the economy.  Unemployment is headed to 6%.  Congress, Obama etc. are talking about another stimulus package ... It may be a Band-Aid, but since the Fed is out of options, that is all that is left.  Tax cuts will not happen, despite what McCain says.

This is more evidence that unemployment will continue to soar!

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