SHIFT HAPPENS

BANZAI7 NEWS--Scientists at the Banzai7 Institute report that the United States is experiencing yet another economic paradigm shift.

It was reported that the nation's unemployment rate rose above 10% for the first time since 1983 in October, a much worse jump than expected as employers continued to trim jobs from payrolls.

The reading, reported by the government Friday, is a sign of the continued weakness in the labor market even though the economy grew in the third quarter following the longest and deepest downturn since the Great Depression.

"Economic growth without increasing employment, this is the latest paradigm shift" said Chief Institute Economist Dr Waki Ho. Other recent paradigm shifts included revenueless Dot.com companies, riskless asset backed securities and subprime borrowers who never default.

Shift happens....