Nothing like putting a little sunny spin on doomsday. Whomever wrote this story might have a different perspective when their job in journalism is axed...Report: The pace of layoffs slowed in April when employers cut 539,000 jobs, the fewest in six months. But the unemployment rate climbed to 8.9 percent, the highest since late 1983, as many businesses remain wary of hiring given all the economic uncertainties.
The Labor Department tally released Friday wasn't nearly as deep as the 620,000 job cuts that economists were expecting, and was helped by a burst of government hiring. The rise in the unemployment rate from 8.5 percent in March matched economists' forecasts.
Here, let me try...A Level Three hurricane wiped out most of New York City yesterday, leaving the region with no electricity, transportation and the loss of millions of lives. But the Statue of Liberty only lost her head.
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