October 5th, 2007
Employment Numbers Weaker Than Reported
According to Reuters, U.S. employers added 110,000 new jobs in September and hiring in the two previous months was revised up strongly, the government said on Friday in a report showing a more resilient labor market than previously thought.
More resilient? That’s not what the year/year growth chart is telling me.
From this perspective, it is looking less and less resilient.
Like this article? Why not try out:
