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The unemployment rate of 6.5% in October means that 1.2m have been rendered jobless since the year began, half of those in just the last six months. Layoffs have continued for ten straight months. "The worst is yet to come," was the word from Anthony Mason's sources among the dismal scientists for CBS. CNBC's Trish Regan talked to Nobel-prizewinning economist Paul Krugman for NBC. He suggested that this might be "the biggest downturn since the Great Depression." On ABC, "most economists expect that toll to rise," Betsy Stark (no link) told us.
In search of consolation, CBS assigned Mark Strassmann to track down those sectors of the economy that are still adding jobs. He came up with education, computers, green energy, security forces "and most of all healthcare."
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