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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (289384)6/2/2006 12:39:40 PM
From: tejek  Read Replies (1) of 1577928
 
Payroll Growth Stalls With 75,000 New Jobs

biz.yahoo.com

If you think this is typical of job growth at this stage of an expansion, you are wrong. And its not just that job growth is weak this month; its just that its very inconsistent from month to month. Last month's total was a revised downward of 126k.....remember 150k is needed just to meet the growing labor pool......the month before was over 200K....which was typical of the Clinton years. The totals jump around so much from month to month, there is concern the feds are manipulating the numbers per White House instructions. That, of course, is dangerous talk and probably isn't true but its hard to understand what is happening in the job market given this up and down from month to month.
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