MY TAKE
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May 07, 2005

job dynamics


 280 k net  jobble growth 

            banner numbers...?


                bull shit

 

given the stage 
of the cycle .......

 
  thats fuckin barely    normal   
                


==========================================

 la times:

a mixed bag


bad :

"Jobs were added 
  in 
 every sector 
 except 
the long-battered 
    manufacturing field "

---------- 
thats like saying 
i  feels good
every where but in my dick -------------


but to the good: 

" The average workweek expanded 
to 33.9 hours
 the highest since 2001 "
 
and....


"The unemployment rate
   remained at 5.2%..."

why good

"  The rate didn't fall
 because many jobless people 
resumed their job hunts"

------------ key turn around moment 
from a ghastly  trend.... ------------------

" The percentage of people
 who  stopped looking
 for work 
hit a 17-year high 
in January "

--------------------------------------------------------

----------   but  here's the geeter  meter ------------------



" three or Four years
           into
 a normal economic recovery
   we  should be adding  
about 300,000 jobs a month"

 "    job growth
has averaged 181,000 
           a month
 over the last 12 months....
not nearly  enough 
 to absorb new entrants
while e  re absorbing  
         those  recently laid off "



Posted by herb jr. jr. at May 7, 2005 03:25 PM

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