corrente

John Berry of WaPo via the Seattle Times here:

Nevertheless, the nation's jobless rate was still 6.1 percent last month, and the number of payroll jobs has declined every month since January. Nearly 100,000 jobs were lost last month alone, and in recent weeks the number of initial claims for unemployment benefits has been rising.

Some analysts are concerned the lack of job creation could short-circuit the stronger growth evident in many recent economic reports. Without more jobs, and the added income they would provide for unemployed people going back to work, the spurt of growth triggered by federal income-tax cuts and low interest rates might subside in the first half of next year, analysts have warned.

Just in time to truly fuck Blotchy for 2004. I guess some prices are worth paying.

Sayeth the OECD in the Financial Times:

"Although a sluggish recovery appears to be the most likely short-term scenario, the world economic outlook is characterised by an unusual degree of uncertainty, with downside risks predominating," the OECD] said.

No shit, Sherlock...