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04 Dec 2009 10:09

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U.S.: Obama puts pressure on the private sector to start hiring again

  • While I believe that government has a critical role in creating the conditions for economic growth, ultimately, true economic recovery is only going to come from the private sector.
  • Barack Obama • Speaking at the jobs summit, which include more than 100 CEOs and other buisness and political leaders, about the private sector’s role in economic recovery. In other words, you bastards have to start hiring again if we’re gonna get out of this mess. source

02 Sep 2009 09:35

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Biz, U.S.: The private sector is bleeding jobs slower than before

  • july The private sector lost 360,000 jobs in July, mostly through layoffs (of sad people).
  • august In August, 298,000 jobs were lost. The slow economic bounceback begins. source

01 Apr 2009 10:47

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Biz, U.S.: No April Fool’s joke here: Layoffs are still going up.

  • 742,000 private-sector jobs went kaput in March; that’s a record
  • 706,000 private-sector jobs went away in revised February numbers source

04 Mar 2009 10:33

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Biz, U.S.: Job-wise, February sucked worse than January

  • 697,000 jobs were lost in the private sector in February
  • 175,000 more jobs were lost in February than January. Yikes. :( source