October 9, 2012

We Are Losing The Jobs That We Need

Of the 114,000 jobs that were created, 10,000 of them were from government. And that`s on top of the 45,000 government jobs that were created in the prior month.

In contrast, we lost 16,000 manufacturing jobs in September and that`s on top of the 22,000 manufacturing jobs we lost in August. In other words, we are losing the jobs that we need and gaining the jobs that we don`t. We don`t need more people working for the government. - in The Schiff Report

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.
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