Bending the Third Rail
Because We Should, We Can, We Do
Thursday, January 04, 2007
Jobs


Pretty chart, eh? Maybe not.

This is a chart of the two main measures of jobs in the U.S. While they don't always correlate, they seem to dance around a mean together. The interesting thing about this chart is that the ADP numbers were released today and showed a net loss of jobs last month (the blue line on the far right). Even though jobs creation hasn't been what you'd call "robust", it has been job creation. The other measure, the BLS, will come out tomorrow so we shall see.

If you want to get a breakdown of where the job strength is, go to the above link for a complete discussion. But here's a hint. If you want to be a barrista at Starbucks you can easily find work. If you want to work in construction or manufacturing, hasta la vista baby.

By the way. While many many measures of the economy show a slowdown, the Fed released minutes from it's meeting showing that it's main concern is inflation. Let's see, is there a word for slowing growth and rising prices?
Written at 3:07 PM by Greyhair.
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