Times are rough out there -- but to what extent?
When it comes to the economy we found out today that it's in even worse shape then we were originally lead to believe. It seems there was a slight lack of transparancy when it came to the true job loss levels. This is not too shocking considering its coming from an administration that talks about transparancy from behind closed doors.
It turns out there were almost a million more jobs lost from April 2008 to March 2009 that weren't reported. This fudging of the job market numbers is an annual occurance but it just so happens this was the largest one in 18 years. Who knows, maybe next year the government can break their '08-'09 record?
You are right. I volunteer down at the food bank and there were all middle class laid off work families down there in a record number. I posted a report recently that said 1 in 5 households are having a hard time with money for food, and 1 in 10 households have been laid off. Food banks are a good barometer for what is really going on in the economy. I don't think the change people were looking for was the piggy bank change their kids saved.
Your link is broken.
I just tried it and it worked for me. Try it again, if it doesn't work though this is the link... http://www.bloomberg.com/insight/birth-death-model.html
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