This morning, the government surprised analysts and released data indicating that the unemployment rate for January FELL SHARPLY DOWN TO 9.7%.This adds more fuel to the argument that government stimulus has indeed produced the desired benifit to the job market but has just taken a little longer than expected to kick in.
Looking inside todays numbers we see that for the month net job LOSSES were steepest in the construction industry followed by …
Huh, job losses?
Following yesterdays equaly surprising announcement that the same government report has misestimated total job losses by some 1.2 million jobs in the past year …
Huh, how can you misestimate job losses by 1.2 million jobs?
Anyhow, together we can and yes we can and stuff like that.