That Was Quick

Hello job, goodbye job.

NYT reports:

When the Census Bureau hired upward of 700,000 Americans over the last two years — most in the last six months — it landed more experienced workers with more sophisticated skills than any time in recent memory. This was the upside of the nastiest recession of the past 70 years.

Now, its decennial work largely done, the Census Bureau is shedding hundreds of thousands of workers — about 225,000 in just the last few weeks, enough to account for a jot or two in the unemployment rate...Most of those remaining will be gone by August; a few will last into September.

Got that? Upward of 700,000 were hired. Only 225,000 have been laid off so far. That means at least 475,000 more to go. Let's see how the BLS massages these layoffs.