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Showing posts with the label employment

(Un)Employment

From the 'worst' news of the Patterico post [by DRJ]: • 411,000 were census jobs • 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. This is bad indeed