Nearly 600,000 jobs lost in January 2009

From Reuters:

WASHINGTON (Reuters) – U.S. job losses accelerated in January as 598,000 were slashed, the most in 34 years, and the unemployment rate soared to a 16-year high, pressuring lawmakers to act quickly to counter a deepening recession.

At this pace, more than 6 million jobs will be lost this year. Is America for this?

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