Tuesday, April 11, 2006

NY Times opposes job growth

"The worst job layoffs since the Great Depression"

That's what the New York Times reporter assigned to cover the continued excellent growth of jobs in the United States found. Despite 31 straight months of job growth and the low 4.7 per cent unemployment.
... Louis Uchitelle calls for federal laws to restrict corporate layoffs, a policy even a liberal Berkeley economist questions.

Uchitelle, did start off his April 8 article noting that the jobs gain suggested “that the economy has picked up speed and is likely to keep growing.” He soon hit the brakes, skidding his article into a pessimistic look at the strength of the economic recovery.
reports Ken Sheperd at FreeMarketProject.org.

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