06 November 2011
So, the October Job Numbers are Out
And they suck wet farts from dead pigeons.
80,000 new jobs on the NFP when natural growth in the labor market requires something like 175K, and while the jobless rate fell to 9.0%, that's because people are stopping looking for jobs.
It's not a time for half-measures.
80,000 new jobs on the NFP when natural growth in the labor market requires something like 175K, and while the jobless rate fell to 9.0%, that's because people are stopping looking for jobs.
It's not a time for half-measures.
Labels:
Economy
,
employment
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