More open public admission that the US is in recession

Jobless rate rises to 4-year high of 5.7 percent

From the above linked article:

The nation's unemployment rate climbed to a four-year high of 5.7 percent in July as employers cut 51,000 jobs, dashing the hopes of an influx of young people looking for summer work.

Payroll cuts weren't as deep as the 72,000 predicted by economists, however. And, job losses for both May and June were smaller than previously reported.

July's reductions marked the seventh straight month where employers eliminated jobs. The economy has lost a total of 463,000 jobs so far this year.

And what is our USA government going to say now?

I knew something strange was going on when gas prices started to "go a bit down". I kept telling Horacio, "What are they getting ready to do now?" And it seems that this is it. I think that they are getting us ready to declare full blown recession.

The numbers that where quoted on yesterday's postings are based on the numbers that are being released from the first half or quarter of the year. I heard last night on CNN the economists speaking openly of the huge possibility of the US being in recession but as the figures are "delayed" nobody is being able or willing to accept it.