"Austerity may be starting to squeeze the life out of the job market. U.S. employers hired at the slowest pace in nearly a year in March, adding only 88,000 jobs to non-farm payrolls, with steep job cuts in the retail and government sectors, including 12,000 at the U.S. Postal Service, according to a Labor Department report released Friday. Economists predicted March's net gain to be somewhere closer to 190,000, according to a Bloomberg survey."* March's job numbers are out, and recovery looks slow. Will these numbers prompt Obama to do a grand bargain? And if he does, what will that mean-- will we go into a triple-dip recession like Europe? Cenk Uygur, John Iadarola (Host, TYT University), and Ben Mankiewicz (Host, Turner Classic Movies) discuss. *Read more from Huffington Post: http://www.huffingtonpost.com/2013/04/05/march-jobs-report-unemployment-rate_n_3019564.html
Wednesday, April 10, 2013
Will Obama Make a Grand Bargain After All!?
"Austerity may be starting to squeeze the life out of the job market. U.S. employers hired at the slowest pace in nearly a year in March, adding only 88,000 jobs to non-farm payrolls, with steep job cuts in the retail and government sectors, including 12,000 at the U.S. Postal Service, according to a Labor Department report released Friday. Economists predicted March's net gain to be somewhere closer to 190,000, according to a Bloomberg survey."* March's job numbers are out, and recovery looks slow. Will these numbers prompt Obama to do a grand bargain? And if he does, what will that mean-- will we go into a triple-dip recession like Europe? Cenk Uygur, John Iadarola (Host, TYT University), and Ben Mankiewicz (Host, Turner Classic Movies) discuss. *Read more from Huffington Post: http://www.huffingtonpost.com/2013/04/05/march-jobs-report-unemployment-rate_n_3019564.html
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