Monday, June 15, 2009


Here are a few charts from a recent U.S. Bureau of Labor Statistics May2009 press release.

Don't just focus on the headline numbers, unemployment is on the rise, and there is more pain ahead.
The manufacturing sector is struggling and the recent bankruptcy filings in the auto sector are going to add to job losses.

Unlike the recession after the dot com crash, the US Consumer is quite stressed out.

US home prices are still dropping, debt levels are at record highs and its the worst job market in years.

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