• 411,000 were census jobsThis is bad indeed
• 31,000 were temporary help services (BP clean-up hires?)
• 215,000 jobs were “created” using the BLS “birth-death” mathematical model
If you remove the 657,000 temporary and formula jobs from the reported 431,000 jobs added, you’re left with a stunning stat:
The economy actually lost 226,000 jobs last month.
1 comment:
And getting worse.
Post a Comment