Monday, May 6, 2013

Why Friday's Jobs Report Was Ominous

Friday's "Employment Situation" report from the Bureau of Labor Statistics (BLS) wasn't just bad, it was ominous. We're going to discuss what was ominous about it, and what progressive economic policies have to do with all of this. However, first, let's look at why the report was not good news.
While most pundits have focused on the BLS Establishment Survey, which reported that 165,000 payroll jobs had been created during April, the Household Survey* numbers told a much different story.

http://www.realclearmarkets.com/articles/2013/05/06/why_fridays_jobs_report_was_ominous_100301.html 

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