{"id":3077,"date":"2008-09-09T09:52:19","date_gmt":"2008-09-09T16:52:19","guid":{"rendered":"http:\/\/uprisingradio.org\/home\/?p=3077"},"modified":"2008-09-09T09:54:14","modified_gmt":"2008-09-09T16:54:14","slug":"job-losses-continue-in-fragile-us-economy","status":"publish","type":"post","link":"https:\/\/uprisingradio.org\/home\/2008\/09\/09\/job-losses-continue-in-fragile-us-economy\/","title":{"rendered":"Job Losses Continue in Fragile U.S. Economy"},"content":{"rendered":"<p><img decoding=\"async\" border=0 src=\"graphics\/listen.gif\"\/> <ul class=\"inline-playlist playlist\" title=\"\"><li><a href=\"http:\/\/www.archive.org\/download\/DailyDigest_09_09_08\/2008_09_09_henwood.mp3\">Listen to  this segment <\/a><\/li><\/ul>| <a href=\"http:\/\/www.archive.org\/download\/DailyDigest_09_09_08\/2008_09_09_uprising.MP3\">  the entire program<\/a><\/p>\n<p><img decoding=\"async\" align=right width=50% src=\"http:\/\/d.yimg.com\/us.yimg.com\/p\/afp\/20080906\/capt.cps.nmx04.060908175201.photo01.photo.default-512x341.jpg?x=400&#038;y=266&#038;q=85&#038;sig=hd4p0Oa2r1AmsqkI_WQSCw--\" alt=\"jobs\" \/>Last Friday the U.S. Labor Department reported a five year high jobless rate, exceeding the prediction of some economists. 84,000 more workers lost payroll jobs last month as the unemployment rate reached 6.1%. Three quarters of the way into this year, job losses now total 605,000. Forecasts for the nation&#8217;s economy predict even more job losses in the coming months. The growth of Gross Domestic Product rates in the last quarter hasn&#8217;t translated into job security for increasingly unemployed Americans. Meanwhile, the government has announced a tax-payer bailout of the two giant mortgage buyers, Fannie Mae and Freddie Mac after their stocks plunged to a new low last week. As of now, the US Treasury may purchase up to $200 billion of stock in the two firms to keep them solvent.<\/p>\n<p><em>GUEST: Doug Henwood, author of the book, &#8220;After the New Economy,&#8221; and editor of &#8220;Left Business Observer,&#8221; host of a Pacifica weekly program called Behind the News<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>| the entire program Last Friday the U.S. Labor Department reported a five year high jobless rate, exceeding the prediction of some economists. 84,000 more workers lost payroll jobs last month as the unemployment rate reached 6.1%. Three quarters of the way into this year, job losses now total 605,000. Forecasts for the nation&#8217;s economy [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-3077","post","type-post","status-publish","format-standard","hentry","category-daily-program"],"_links":{"self":[{"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/posts\/3077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/comments?post=3077"}],"version-history":[{"count":0,"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/posts\/3077\/revisions"}],"wp:attachment":[{"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/media?parent=3077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/categories?post=3077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/tags?post=3077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}