gordon

Friday's Unemployment Numbers Mark an Inflection Point for Economy

The surprising increase in employment shown in the household survey was concentrated among older women. The number of employed women between the ages of 45 to 54 increased by 106,000, or 0.7 percent. The number of employed women over the age of 55 increased by 99,000, or 0.8 percent. This is a striking rate of employment growth in a steep downturn, if it holds up in subsequent months.
My take: Over 55 women? Anyone here believe that? This is bogus.
What? They took cashiers jobs at Walmart in desperation?
Even Dean Baker is skeptical www.truthout.org/050909Z


On May 10 01:22 PM gordon wrote:

> Yea, you're a PUNDIT, allright, you are in with the CNBC Crudlow
> Goldilocks Cheerleaders! More specifically, CON-ARTISTS. The BLS
> is now revising previous months TWICE, Feb & March were revised
> down another 66,000 jobs. Census added 60,000 TEMP jobs, and they
> aren't even all hired at once. The BLS corrupt BIRTH/DEATH model
> created 226,000 PHANTOM "newly created" jobs: link>
> www.bls.gov/web/cesbd.htm
> wow! Even 38,000 CONSTRUCTION jobs created out of thin air. It's
>
> more than the 176,000 they added in April 2008! And you're boasting
> about the household survey? Where they telephone the same 60,000
> people(not businesses) (actually they only call half that many!)?You're
> a con-artist, this blog is full of cheerleaders who need to separate
> out the FACTS.