Relevant:
- Jobs Decrease by 131,000, Rise by 12,000 Excluding Census; Unemployment Steady at 9.5%; June Revised from -125,000 to -221,000
- Home Prices in U.S. Decrease More Than Forecast
- Boomer Dynamics, Housing, Jobs Creation, and the Falling Participation Rate
- Jobs Expand by 151,000, Unemployment Steady at 9.6%; Birth-Death Methodology Changes for the Better; Reflections on the Numbers
- Payrolls Plunge By 95K, Unemployment Rate 9.6%, Private Jobs Up 64K, U-6 Shoots Up To 17.1% From 16.7%
2010-09-03 — blogspot.com
This morning the BLS reported a decrease of 64,000 jobs. However, that reflects a decrease of 114,000 temporary census workers.
Excluding the census effect, government lost 7,000 jobs. Were the trend to continue, this would be a good thing because Firing Public Union Workers Creates Real Jobs.
Unfortunately, politicians and Keynesian clown economists will not see it that way.
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