Friday, April 2, 2010

Inside the Employment Numbers

As expected, the BLS employment numbers showed a gain for the first time since December 2007. Plus 162,000 was the number. The magical Birth/Death Index accounted for 81,000 of the gain. The second most important factor was the hiring of census workers.

The Census Bureau has added 72,000 workers so far this year, 48,000 of those in March.

Back in the real world, the U-6 number which incorporates people who have stopped looking for work, or part-timers who can’t find full-time jobs, climbed by 0.1 percentage point to 16.9%

1 comment:

  1. The Ministry of Plenty has announced today that the chocolate ration is to be increased to 30 grams. This is doubleplusgood my brothers. In other news the war on the Malomar front has reached a measurable distance towards total victory. This is due to a glorious victory over the evil forces of Eastasia. BB-BB-BB!!