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All told, 15.3 million people were out of work in April.
Counting people who have given up looking for work and part-timers who would prefer to be working full time, the so-called underemployment rate rose to 17.1 in April. That shows just how difficult it is to get work.
Jobs up 290,000; jobless rate rises to 9.9 pct. - Yahoo! Finance (http://finance.yahoo.com/news/Jobs-up-290000-jobless-rate-apf-560235210.html?x=0&.v=6 - broken link)
And these private sector jobs, and not temp government workers
"Private sector employment increased 231,000, also the largest gain since March 2006, after rising 174,000 in March. Private payrolls have now grown for four months. Census hiring contributed 66,000 jobs."
As usual the haters cannot hide their disgust at good economic news. They were here within minutes to downplay the good news.
And these private sector jobs, and not temp government workers
"Private sector employment increased 231,000, also the largest gain since March 2006, after rising 174,000 in March. Private payrolls have now grown for four months. Census hiring contributed 66,000 jobs."
As usual the haters cannot hide their disgust at good economic news. They were here within minutes to downplay the good news.
Its a start how about that. Wil it last and grow enough to reduce the UE #? that is not clear yet. It also put into perspective how many people gave up looking for work when the ue rate raises .2 points on job creation of 290K.
Its really nothing to celebrate but it is at least positive job growth.
What happened to the 600,000 temporary census workers?
They have about 45 days of work left.
About 90% will be laid off in June, and those with the highest productivity rates will be selected to target no response areas (generally Section 8 housing areas).
That'll last for about 60 days, and that'll be the end of it. A couple of people including myself got to stay on for another 90 days doing data entry.
Like I said, they'll make enough money to catch up on past due bills, then be broke the rest of the summer.
All told, 15.3 million people were out of work in April.
Counting people who have given up looking for work and part-timers who would prefer to be working full time, the so-called underemployment rate rose to 17.1 in April. That shows just how difficult it is to get work.
Jobs up 290,000; jobless rate rises to 9.9 pct. - Yahoo! Finance (http://finance.yahoo.com/news/Jobs-up-290000-jobless-rate-apf-560235210.html?x=0&.v=6 - broken link)
That's nothing that a few glasses of Kool-aid can't fix.
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