Possible Bad News on the Horizon

regarding the economy…If this trend continues, this will mean that people of faith will need to step in to fill the void

The nation shed jobs in January, the government reported today, the first monthly loss since 2003, offering fresh evidence that the labor market is softening and raising the likelihood of a recession this year.

Economists have been counting on steady job growth to keep American households afloat even as their homes become less valuable and the stock market slumps. The loss of 17,000 net jobs in January undermines that expectation. Economists had forecast a gain of 70,000 jobs.

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