Sorry Media: Job Gains in August, Not Losses

Published: October 5, 2007, 11:01 am

Tags: economy, unemployment, ali velshi, bianna golodryga, bill weir, american morning, abc, cnn, good morning america

I wonder how the media will pretend this is bad news? The lastest employment numbers are in and not only are they solid, but last month wasn't the catastrophe first reported. The Bureau of Labor Statistics announced 110,000 jobs were created in September and 89,000 were created in August. The August number replaces the 4,000 jobs lost that were first reported. If you flash back to last month, you'll remember how much the media screamed about this. ABC was declaring the August numbers a sign of "new fears this morning about the state of our economy," said Bill Weir on September 8. That's how he lead off a downbeat "Good Morning America" story entitled "Road to Recession? Bleak Signals from Job Report." It only got worse. "And now many are asking whether the disappointing employment figures, coupled with the housing crisis, may head us, have us headed for a serious economic downturn or even recession," worried Weir. But the October 5

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