Yachtie
Posts: 3593
Joined: 1/18/2012 Status: offline
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Utter bullshit Lucy, when one looks inside. The working-age population went from 243,983 to 244,174 (thousands), an increase of 191,000 working-age people. But the total number of employed people fell from 144,039 (thosuands) to 143,549, a loss of 490,000 actual employed people! The spread is even worse, of course -- closer to 3/4 of a million workers, because you must account for the population increase as well. And from another front - First, what that granular data shows is that instead of a 146K gain in November, there was actually a drop of 114K jobs when broken down by worker "vintage." But where it gets simply stupid, is that of the 4 age group buckets (16-19, 20-24, 25-54, and 55-69), the biggest gainer continued to be America geriatric work force, which added 177 jobs. As for that key segment of the workforce, the 25-54? Jobs here declined by a whopping 359K in November. And this is good news? I'm so glad you think things are going so well. Perhaps soon you'll also be seeing pigs flying and Unicorns.
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“We all know it’s going to end badly, but in the meantime we can make some money.” - Jim Cramer, CNBC “Those who ‘abjure’ violence can only do so because others are committing violence on their behalf.” - George Orwell
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