The Government’s April Jobs Report, and Ours: Why Don’t Things Look Worse?
The Latest Jobs Report from the National Jobs for All Network
This is hardly surprising. One out of every five homeowners owe more than their houses are worth. The real unemployment rate is over 16% and climbing. And banks are refusing to refinance sour loans, even with $50 billion from the Obama Administration. You can't unpop a bubble.
From the wires:
--d.f.