Friday, October 3, 2008

159,000 Jobs Lost... the month of September. It's the biggest decline in five years.

You can view the official report from the Department of Labor here.

In other economic news, the House of Representatives will vote today on the $700 billion bailout bill that passed the Senate on Wednesday (and failed to pass the House, in an earlier version, last week).

The bailout won't do anything for job creation - which evidently is something we desperately need to focus on - but hopefully it will help solidify the markets and stop everything from exploding into further chaos. From what I've heard, however, it's pretty much a stinker.

Fingers crossed.

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