Jobs .... Or Not

The headline:

The economy lost 17,000 jobs in January, the Labor Department reported on Friday, the first decline in four years and the most striking evidence yet that the United States may be slipping into a recession.

Jobs disappeared across a broad spectrum of professions, with the steepest losses coming in the manufacturing, construction and goods-producing industries.

If you read this blog regularly, I know you'll also be really shocked to learn that the year end numbers for 2007 say that the government consistently over-estimated job growth last year.

We know.