After declining for a while, the Household survey shows that there was a sudden large increase in the number of people not in the labor force: rising by 493 thousand. The Household data showed that there was a 35,000 person drop in the number of people with jobs, but the unemployment rate fell because of the huge increase in the number of people who simply took themselves out of the labor force and were thus no longer looking for a job.
The Establishment Survey shows a 431,000 increase in total nonfarm jobs, but 390,000 of those are due to increased government jobs (most getting temporary jobs at the Census). Even in the private sector, 31,000 jobs were in "temporary help services."
The Establishment Survey shows a 431,000 increase in total nonfarm jobs, but 390,000 of those are due to increased government jobs (most getting temporary jobs at the Census). Even in the private sector, 31,000 jobs were in "temporary help services."
Related Posts
More after effects of KeystoneThe Obama administration subsidies energy production that costs more than the benefits it produces and prevents energy - On another 1.2 million dropping out of the labor forceThe January BLS numbers show that 1.2 million have dropped out of the labor force. Over the last year we have seen a h
- Obama blames automation for unemploymentBefore he was blaming kiosks for the problems. From Real Clear Politics:Obama also blames "automation" for a continuin
Gallup numbers show unemployment getting worse the last few monthsA lot of the differences between the Gallup and BLS numbers has to do with seasonal adjustments, but it is striking how- Chicago Fed President thinks Unemployment is likely to temporarily rise, at end of the year about where it is nowAnother depressing forecast. The jobs added last year didn't keep up with the growth in population (1.64 million jobs
Newest Fox News piece: A disappointing jobs picture and no, we're not doing better than EuropeMy piece starts this way:Americans faced another disappointing jobs picture today. Of course, we could go through
Latest unemployment numbers
4/
5
Oleh
abudzar
