June jobs report is depressing. It show that there is pain. Not only are few people working, but those lucky enough to have jobs are seeing fewer hours and less pay per hour. It is this dynamic that causes states to get less money from sales tax. Sadly, states are now forced to cut jobs and increase taxes to balance their book.
Sunday, July 5, 2009
depressing news
June jobs report is depressing. It show that there is pain. Not only are few people working, but those lucky enough to have jobs are seeing fewer hours and less pay per hour. It is this dynamic that causes states to get less money from sales tax. Sadly, states are now forced to cut jobs and increase taxes to balance their book.
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