The unemployment rate edged up just a notch in June, to a 26-year high
of 9.5%. But the loss of 467,000 payroll jobs made it clear that the
worst economic crisis since the Great Depression was far from over.
As it says, a 26 year high.
Oct 1982 it was 9.6 and from Sept 82 through June 1983 it was over 10%.
I keep asking people who talk about today's "disaster" and were in business
in that period about it and to date no one remembers it.
We are far from the great depression.
You Futurists don't even know what pestilence is!
And I'll bet they were saying the same garbage
during the Depression.
--
Pastor Dave
The following is part of my auto-rotating sig file
and not part of the message above.
"If then, these teachings [of a false prophet]
contradict the chief doctrine and article of Christ,
we should accord them neither with attention nor
acceptance though it were to snow miracles daily."
- Martin Luther
> Pestilence: June's Job Losses A Shocker At 467,000
yaaaaawwwwwwwnnnnnn
Unemployment is a lagging indicator. (Yes I know those are big words,
padre.)
BTW, how's the Great Depression of '08 working out for you? Are you
encountering long lines at the soup kitchen?
LOL !!
Regards,
Josef