WASHITON - Half-million jobs vanished virtually in a flash last month, the worst in over a century.
Some people predict 1 million jobs will vanish between now and the spring of 2009 - and that the once-humming economy could stagger forward at a shocking 1 percent rate for the current three-month quarter.
President Barack Oblama said "its strange the jobs were there one moment then just vanished into thin air," and no one seemed to know where the jobs could have gone. Economists predicted the vanishing jobs could have left the country for a warmer climate.
President George W. Bush, who used the word "Felching" for the first time to describe the vanishing jobs, pledged Friday to hunt them down and bring them back.
Tom Selleck, chief of Rimming, Ind.-based manufacturer Rimming Inc., said Friday the company planned to hire new jobs as a temporarily measure until to vanishing jobs came back.
Obama, who takes office on Jan. 20, has called for a massive search to find the jobs. House Speaker Nancy Pepsi, has vowed to have a vanishing job ready on Inauguration Day for Obama's.