In manufacturing there was a little bounce up in automobiles, which we expected because of the end of the American Axle strike. Because it's June, the decline in temporary help may reflect the absence of jobs for students who just got out of school. 
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BASRA, IRAQ - OCTOBER 18: People gather around a Land Rover as it arrives at the village Al Houta on October 18 2008 near Basra, Iraq. The trip by the 51 Sqn Royal Air Force Regiment Force Protection Wing was part of a 'key leader engagement' (KLE) visit to the village close to the Basra Airbase to recruit local labour and engage with the village shiek. Visits of this type are seen as key in efforts to continue winning the support of the local Iraqi population. Although improved security in the region has brought some benefits such as improved trade and commerce, much of the infrastructure remains in a poor state of repair. Britain's Prime Minister Gordon Brown has indicated that the number of UK troops could be scaled down - especially as the security situation in the south of the country continues to improve.
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Democratic presidential nominee Senator Barack Obama (D-IL) speaks during a campaign rally in the rain at the University of Mary Washington in Fredericksburg, Virginia, September 27, 2008.
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A puppy stands on a truck carrying people to be evacuated from the area in preparation for the approach of Hurricane Gustav in Batabano, on the southern coast of Cuba, August 30, 2008. Powerful Hurricane Gustav roared toward western Cuba on Saturday with 125 mph (205 kph) winds on its way to the oil-rich Gulf of Mexico after a deadly pass through the Caribbean.
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BANGKOK, THAILAND - AUGUST 30: A member of Anti-government People's Alliance for Democracy (PAD) stands behind barbed wire outside Government on August 30, 2008, in Bangkok, Thailand. The protesters want to unseat the seven-month old coalition government lead by Prime Minister Samak Sundaravej.
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Visitors are sen at a Honda showroom in Tokyo, Japan, Friday, Dec. 5, 2008. Honda will pull out of Formula One unless a new buyer can be found within three months, The Associated Press has learned. The Japanese car manufacturer has the operating budget to keep the team running into early 2009, but escalating operational costs amid the worldwide financial crisis have the Brackley-based outfit in danger of shutting down if a new sponsor is not found quickly. Takeo Fukui, CEO of Honda Motors, was due to hold a news conference regarding the F1 team in Tokyo Friday, Dec. 5, 2008.
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Wen Hua, who survived the Sichuan earthquake, holds a toy in her temporary home in Anxian county, Sichuan province December 4, 2008. Schools that collapsed during the earthquake killed more than 19,000 people, nearly a quarter of the total deaths, an official said, giving the first government estimate. Picture taken December 4, 2008.
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Members of a choir sing during a ceremony for Thailand's King Bhumibol Adulyadej's 81st birthday at Sanam Luang square in Bangkok on December 5, 2008. The revered monarch turned 81 on December 5, 2008 but pulled out of his customary birthday address the previous day due to illness, ending hopes that he might offer guidance on a way out of the nation's long-running political crisis.
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Recently starred
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A memorial tribute to shoe mogul Thomas Bata is shown at the Bata Shoe Museum in Toronto September 3, 2008. Bata died earlier this week at the age of 93.
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A visitor takes a close look at a photo by French photographer Bettina Rheims during the inauguration of her exhibition "Can You Find Happiness?" on March 7, 2008 at the c/o-Gallery in Berlin. The exhibition runs from March 8 to May 11, 2008.
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Forty-five euro coins, worth 500 Slovak Crowns or 16,60 euros, are seen in Bratislava where Slovakian banks and post offices started selling them on December 1,2008 before Slovakia joins the euro zone on January 1, 2009.
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People walk behind the European Union's flag during the annual gay parade in Budapest July 5, 2008. Several hundreds of demonstrators clashed with the police in the center of Hungarian capital as police tried to separate them from the participants of the Gay Pride march.
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Quote by David Wyss from June Jobless Claims In The Recession Zone
In manufacturing there was a little bounce up in automobiles, which we expected because of the end of the American Axle strike. Because it's June, the decline in temporary help may reflect the absence of jobs for students who just got out of school.
said David Wyss
in Forbes
More quotes from June Jobless Claims In The Recession Zone
The economy is sailing through dangerous, unchartered waters, and Henry Paulson and Ben Bernanke, the helmsmen, seem confused and unsteady, adding to pessimism about the outlook for U.S. GDP growth and jobs ... The Feds inadequate response to the credit crisis is undermining the exchange for the dollar against the euro. Cheap dollars permit Europeans to bid up the price of oil, further pushing up U.S. gasoline prices and exacerbating the U.S. economic slowdown.
said Peter Morici
in Forbes
Bottom line, Treasury and Federal Reserve policies toward China and the banks are manufacturing higher oil prices, inflation and recession. It is no surprise the economy is hemorrhaging jobs.
was said
in Forbes
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