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April 04, 2008

Employment report: Not good news

I am going to be out of the office for the rest of the day, but here are links to the usual sources:

Economics Unbound, Angry Bear, Big Picture, Calculated Risk

Also MSM pieces from Reuters and NY Times.

BLS press release

80,000 jobs lost and the unemployment rate went up to 5.1% from 4.8%.

My recession probability is not yet at 100%, but getting close.

Posted by William Polley at April 4, 2008 10:17 AM

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