.. ..construction (down 51,000) and manufacturing (down 48,000).. ..professional and business services (down 35,000).. ..jobs in both residential and nonresidential sectors are now being slashed with 31,000 fewer residential construction jobs in March and 16,000 fewer doing work in nonresidential building.. ..slump in auto industry sales deepened in March.. ..continuing job loss in manufacturing reported later in the week.. ..many analysts to pin-point December or January as the start of the current recession.. ..if this recession is anything like the last recession, things could get a whole lot worse in short order.. ..this surge in jobless claims.. ..it’s hard to spin the data coming out of the Bureau of Labor Statistics these days.. ..the slowdown that many believed started late in 2007 has been confirmed by the recent developments in the labor market.. ..if this recession is like every other recession in the post-World War II era, unemployment will rise sharply from this point.. ..three consecutive months of nearly 80,000 jobs lost.. ..lending further credence to the notion that a recession is already underway.. ..confirm what is happening in the U.S. economy.. ..nonfarm payrolls declined by 80,000 in March along with losses of another 67,000 in the combined revisions for January.. ..
[01]
http://www.rttnews.com/sp/todaystop.asp?date=04/06/2008&item=2&vid=0
[02]
http://www.reuters.com/article/newsOne/idUSL0630907620080406?sp=true
[03]
http://www.petroleumworld.com/sunopf08040601.htm
[04]
http://www.independent.ie/business/…-slump-or-a-.htmlssion-1339685.html
[05]
http://www.courierpostonline.com/apps/pbcs.dll/article?AID=/20080406/BUSINESS/804060337/1003/RSS03
[06]
http://seekingalpha.com/article/71269-economic-report-summary-worst-labor-report-in-years
[07]
http://leisureguy.wordpress.com/2008/04/06/the-social-cost-of-no-bankruptcies/
[08]
http://freethemarketman.wordpress.com/2008/04/06/bankruptcies-the-no-1-growth-area-for-2008/
[09]
http://aftermathnews.wordpress.com/2008/04/06/huge-job-losses-set-off-recession-alarms/
[10]
http://www.therecruiterslounge.com/2008/04/05/okay-its-official-we-are-in-a-recession/
[11]
http://www.star-telegram.com/national_news/story/564589.html
[12]
http://www.powerlineblog.com/archives2/2008/04/020225.php
[13]
http://www.news.com.au/mercury/story/0,22884,23488158-462,00.html?from=public_rss
[14]
http://www.kentucky.com/216/story/367305.html
[15]
http://www.charlotte.com/business/story/567531.html
[16]
http://sweetness-light.com/archive/ap-no-longer-a-question-of-recession-or-not
[17]
http://spittingvessel.blogspot.com/2008/04/recession-rocks-republicans.html
[18]
http://slashdot.org/~tomhudson/journal/200190?from=rss
[19]
http://protraderblog.blogspot.com/2008/04/economists-react-unmistakable-recession.html
____________________________________
Song: “Brother, Can You Spare a Dime”
They used to tell me I was building a dream, and so I followed the mob,
When there was earth to plow, or guns to bear, I was always there right on the job.
They used to tell me I was building a dream, with peace and glory ahead,
Why should I be standing in line, just waiting for bread?
Once I built a railroad, I made it run, made it race against time.
Once I built a railroad; now it’s done. Brother, can you spare a dime?
Once I built a tower, up to the sun, brick, and rivet, and lime;
Once I built a tower, now it’s done. Brother, can you spare a dime?
Once in khaki suits, gee we looked swell,
Full of that Yankee Doodly Dum,
Half a million boots went slogging through Hell,
And I was the kid with the drum!
Say, don’t you remember, they called me Al; it was Al all the time.
Why don’t you remember, I’m your pal? Buddy, can you spare a dime?
Once in khaki suits, gee we looked swell,
Full of that Yankee Doodly Dum,
Half a million boots went slogging through Hell,
And I was the kid with the drum!
Say, don’t you remember, they called me Al; it was Al all the time.
Say, don’t you remember, I’m your pal? Buddy, can you spare a dime?
____________________________________
Song: “Happy Days Are Here Again”
So long sad times
go long bad times
we are rid of you at last
howdy gay times
cludy gray times
you are now a thing of the past
Happy days are here again
the skies above are clear again
so let’s sing a song of cheer again
happy days are here again
All together shout it now
there’s no one
who can doubt it noe
so let’s tell the world about it now
happy days are here again
Your cares and troubles are gone
there’ll be no more from now on
from now on
happy days are here again
the skies above are so clear again
so let’s sing a song of cheer again
happy times
happy nights
happy days
are here again!
____________________________________
