Jobless “Recovery”
Economists “expected” 75,000 jobs to be created last month.
Unexpectedly, the actual number created…
(Reuters) – Employment growth ground to a halt in August as sagging consumer confidence discouraged already skittish U.S. businesses from hiring, keeping pressure on the Federal Reserve to provide more monetary stimulus to aid the economy.
Nonfarm payrolls were unchanged, the Labor Department said on Friday, the weakest reading since September. Nonfarm employment for June and July was revised to show 58,000 fewer jobs.
“O”
Hey, it’s his logo.
Biz, Nanny State, Politics | Mr. Bingley | 
September 2, 2011 8:40 am
Subscribe
Remeber when “zero” wasn’t even consider a number? Like it was “nothing”?
It just doesn’t get any better than this, allusion-wise.
“0” is still “nothing”, Sis. He and sycophant fans just won’t admit it.
‘Unexpected’.
They keep using that word. I do not think it means what they think it means.
Umm, I know the individual meaning of the words “non-farm”, but why is it always mentioned in USA job figures?
Clearly there has gotta be a very good reason, but to some foreigner, unfamiliar with quaint american customs, it is not immediately apparent why.
Steve, I think they don’t count farm job figures because they vary so widely over the year. For most of the year the farms need relatively few employees but when the crops come in they need a ton of people, and that would really distort the numbers if they were included.