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Stores, gasoline stations, auto dealers and other retailers added a seasonally adjusted 249,000 jobs in August, the Labor Department said Friday. Almost half the growth occurred at general-merchandise stores, a category that includes large employers such as Walmart Inc. and Costco Wholesale Corp. Vendors of electronics, appliances, furniture and garden supplies were among those that added jobs last month.
That's all well and good, but what about all the bankruptcies/closures? Still a shit load of unemployed.
The completely misinformed overreaction is finally slowly winding down.
Tk Later
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