NAM Economist equates jobs report to fragile recovery.
Press Release Summary:
October 8, 2009 - David Huether, NAM Chief Economist, issued a statement in response to the Department of Labor's recent report on unemployment, which noted the loss of 263,000 jobs in September and a rise in unemployment rate to 9.8%. Huether said this "should be seen as a 'yellow flag' for economic recovery" and that the economy remains fragile and would be in danger if Congress and the Administration enact policies that discourage investment, hamper flexibility, and raise costs of doing business.
Original Press Release
NAM Economist Sees Latest Jobs Report as a "Yellow Flag" for Economic Recovery
Press release date: October 2, 2009