Special Edition of the Errington Thompson Show – The Economy
Jobs, Jobs, jobs If president Barack Obama has any thoughts of becoming a two-term president, he has got to create jobs. The jobs numbers for June were not abysmal but they weren’t good either. I talk with Dr. Heidi Shierholz from the Economic Policy Institute. She is a Masters and Ph.D. in economics. The American economy has now lost 6.5 million jobs since the start of this recession. Last month we lost 467,000 jobs. During the first quarter of this year we lost an average of 691,000 jobs per month. So the jobs market may be improving. I mean were losing