U.S. Adds ZERO NEW JOBS In August As Jobless Rate Stuck At 9.1%...USA! USA! USA! USA! USA! USA! USA!

[Amerigo Vespucci]

U.S. Adds Zero New Jobs In August As Jobless Rate Stuck At 9.1 Percent (VIDEO)

http://www.huffingtonpost.com/2011/09/02/august-jobs-report-unemployment-rate_n_946337.html

The U.S. economy added no new jobs in August as the unemployment rate stayed steady at 9.1 percent, the Bureau of Labor Statistics reported on Friday, the most concrete sign yet that the recovery has stalled out and a double-dip recession may well be on the way.

"We're treading water, going sideways, you can call it whatever you want; this report says we are not gathering momentum," said Wells Fargo economist John Silvia.

While Silvia said he doesn't think the U.S. is in another recession right now, he said he wouldn't be surprised if the economy enters into a recession in the near future. Signs of a slow growth economy -- GDP growth of around 1 percent, falling housing prices, weak manufacturing, stagnant high unemployment -- mean the U.S. economy is volatile and vulnerable.

"We're going to be very sensitive to any kind of shocks going forward," Silvia said. "Looking forward to some of the big events coming in the fall: a new congressional committee or another potential shock from Europe, yeah we could easily get into another dip."

[Turbineguy]

1. The republican

non-plan is working!

[RKP5637]

2. I'm not surprised, most of the priorities are wrong for creating jobs IMO. We are

still using IMO trickle-down voodoo economics.

[rfranklin]

3. Those Bush tax cuts are working like a charm!

What we really need is more tax cuts because the wealthy are just uncertain about investing to create jobs.

And you know what? If we could have Americans working on parity with Haitians, at a minimum wage of 31 cents a day, those corporations who employ Haitians would return to the U.S.A. and there would be plenty of jobs for everyone!

[GeorgeGist]

4. It could have been worse.

[Lionessa]

5. I'm no longer convinced of that.

[Broderick]

6. Tell that to someone trying to feed their family

or who lost their home because they are either unemployed or underemployed.

[Bluebear]

7. Chill the fuck out, you desperate unemployed whiner!!

He's got this!!! :cry:

[Broderick]

8. LMAO