Saturday, March 9, 2013

Complete Look at Employment Numbers

The establishment survey reports of +236,000 job.

For the first time in four months the establishment survey was accompanied by a healthy +170,000 surge in the household survey.

Let's dig deeper.

The economy added a whopping 446,000 part-time jobs. Thus, the economy shed 276,000 full-time jobs. Those part-time jobs were supposedly "on purpose".

It's fair to point out the volatile nature of part-time statistics, but the 446,000 increase is unusually large.

Read more: http://finance.townhall.com/columnists/mikeshedlock/2013/03/09/looking-beyond-the-headline-n1529261/page/full/

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