ZERO Job Growth Reported For August

For the first time since 1945 our country reported a net job growth of ZERO, for August! 2011  Unemployment remained at 9.1 percent.  Companies are not laying off or hiring.  We are in a holding pattern.  Hourly wages fell in August.

Consumer and business confidence has been shaken by the federal debt limit feud, the downgrading of our long-term debt and the financial crisis in Europe.  The result is a stock market drop.

Unless job growth is improved immediately, another recession is likely.

To read the entire article about our economic mess, click here,

http://www.centredaily.com/2011/09/02/2899388/hiring-standstill-points-to-growing.html#storylink=rss?utm_source=twitterfeed&utm_medium=twitter

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