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It's a good thing, 431,000 is a very big number.But I'm worry about the private sector, it's rather weak.
Do you know the states where the census jobs are the largest ? California and Texas I guess...
No, reporting them is fine, reveling in them .......?
Where is the reveling?
Economy adds 431K jobs but few in private sector - Yahoo! News (http://news.yahoo.com/s/ap/20100604/ap_on_bi_go_ec_fi/us_economy;_ylt=AoH41HPG7v8jQa9IpBtlAPCyBhIF;_ylu= X3oDMTJiZ2dwNGZsBGFzc2V0A2FwLzIwMTAwNjA0L3VzX2Vjb2 5vbXkEY3BvcwMxBHBvcwMyBHNlYwN5bl90b3Bfc3RvcnkEc2xr A2Vjb25vbXlhZGRzNA-- - broken link)
Quote:
Virtually all the job creation in May came from the hiring of 411,000 census workers. Such hiring peaked in May and will begin tailing off in June.
By contrast, hiring by private employers, the backbone of the economy, slowed sharply. They added just 41,000 jobs, down from 218,000 in April and the fewest since January.
The figure of 550,000 was floated just a couple of days ago - I guess they were assuming the difference would have been in the private sector.
The pull back in hiring from the private sector is disastrous news.
So private sector hiring dropped dramatically from last month.
Revised downward.
I'm sure that if 0bama gets his way, and he signs his new carbon tax, oil tax, and if we get a VAT tax, that the private sector employment will explode. That's how it works you know, the more money we send to the IRS, the more wealth we will have. But this sounds like hobbit logic: "The closer we are to danger, the farther we are from harm."
I don't see any joyous words of celebration in the o.p.
Could you point them out for us?
You have to understand the viewpoint of the sheeple who flock to the left. Whenever you say something bad about the economy they automatically assume that you are celebrating because you hate Obama. I see it as people attempting to show the facts and bring the moonbats back down to the reality that Obama hasn't accomplished anything. They see it as a celebration and a slap in the face to the country.
The pull back in hiring from the private sector is disastrous news.
If adding 40K is disastrous, then what did you call losing 700K per month in 2008? Reading your comments it seems that the more we add, the more disastrous it gets.
People seem to be expecting a "V" shaped recovery but sadly that will probably not be happening.
Our last recoveries were "jobless" due to easy credit. We don't have that now and we have even more lost jobs than before.
The "experts" waffle with every report so why do people keep listening to them; why does the MSM still rely on their "expert opinions" when they change with the numbers ?
Countries are on the verge of bankruptcy and people seem to think the US will just bounce back to it's old ways ? No, I don't think so. I think it will be sluggish for years to come.
If adding 40K is disasterous, then what did you call losing 700K per month in 2008?
The pull back in the private sector from 200,000 in March and 290,000 in April is a really bad sign. People are still not spending (no surprise there, obama's policies are dictating that people squirrel away all they can for the coming tax hikes), business is not hiring.
A drop that big in private sector hiring IS disastrous and portends of things to come.
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