US tech-sector job stats flattened by Verizon strike A strike by 45,000 workers at telecom giant Verizon helped flatten job creation in the US economy in August – literally. The Bureau of Labor Statistics has issued its monthly jobs report, and says that not only did the US economy fail to add any net-new workers last month, it also revised the number of jobs created in June and …
It's just political strategy really - massive unemployment will work against the current government office holders so if the opposition party can keep the unemployment numbers up then they stand a better chance of being elected.
Anyway, nobody who really matters to the Republican party is unemployed - the Bankers will all get big fat bonuses at the end of the year.
The Register 
Biting the hand that feeds IT
Copyright. All rights reserved © 1998–2024
