It was reported that over 17,000 jobs were lost last month. Most of the jobs were lost in construction, the mortgage industry and in real estate (no surprise there!). This doesn’t even include all of the real estate agents who are still technically employed with a broker but are not seeing any income due to the drastic drop in sales.
Bush couldn’t have said it any better in this article, “There’s serious signs that … the economy is weakening”.
Click here for the full story from Yahoo! Finance…
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