Wednesday, November 04, 2009

ADP REPORT SHOWS LOSS of 203,000 JOBS

from report LINK HERE FULL STORY

"In order for unemployment to decline, payrolls need to increase by a little over 100,000 a month. Given that a 100,000 a month gain is still 300,000 away from October's report, it seems very likely that the unemployment rate has not peaked."

Friends believe what you want, we have consumer economy, we have lost OVER 7 million jobs since 2007, there is little home owner equity, little guy is PULLING MONEY OUT of equity funds, loans decreasing, costs rising, wages not, explain to me please a V SHAPED RECOVERY

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