Government reports show that we lost 63,000 jobs in February.
That's 63,000 people who don't have the paychecks they count on.
It's the largest falloff in that sector in five years.
Expect bankruptcy filings to go up again.
More jobs lost = more people filing bankruptcy.
So, this begs the question: Hey media: When does the word "recession" come in to play in earnest?
Tags: filing bankruptcy, recession, Unemployment
This entry was posted on Friday, March 7th, 2008 at 10:31 am and is filed under Economic News: How Are We Doing?. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.