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Unemployment's new height, Fireworks fright
Good day for misery loving company, Bad day for bombs bursting in air
 

GOOD DAY FOR: Misery loving company, after the U.S. jobless rate climbed to 9.5 percent in June, with the loss of an unexpectedly high 467,000 jobs in the month. The “underemployment” rate rose to a record 16.5 percent, and the average number of hours worked per week dropped to 33, the shortest work week since at least 1964. (CNNMoney.com)

BAD DAY FOR: Bombs bursting in air, after an Independence Day fireworks display in the Democratic Republic of Congo sent terrified residents of the town Goma running for cover. The fireworks were set off to celebrate the end of Congo’s bloody civil war, which killed 5.4 million people from 1998 to 2003, and the trailing violence that was resolved in a January peace deal; Goma residents thought war had broken out again. (Reuters)

 

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