
In August 2011, employers added an adjusted overall total of ZERO jobs in the U.S. Add to that a revision of June and July data: which now shows a loss of 58,000 jobs. Total payrolls were unchanged in August, the first time since 1945 that the government has reported a net job change of zero. In a word, the economy is fucked! Wholly, consistently, persistently royally fucked.
The unemployment rate, meanwhile, remained locked at 9.1%. The number of those out of a job for six months or more remained above 6.0 million in August and accounts for 42.9% of the unemployed. A total of 2.04 million were out of work for 99 weeks or longer. This is the weakest jobs report since September 2010.
I can't wait to see how the national media spins this one... not to mention President Obama, who will address a joint session of Congress next week to

Honestly, while the G.O.P prospects for 2012 are more frightening than a bloody axe, I have no faith that Obama has a clue about how to turn things around. At this point, he talks like... a

Pardon me, time for my Ramen noodles.
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