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To: Oeconomicus who wrote (159355)9/22/2003 7:41:14 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 164687
 
rd, your link is dead. please post a live one.

WASHINGTON - Despite signs the U.S. economy is gathering a strong head of steam, the number of payroll jobs fell by another 93,000 last month, bringing the total job loss since January to almost 600,000, the Labor Department reported Friday.

and

As has been the case for most of the past three years, job losses have been concentrated in manufacturing. That sector shed 44,000 jobs last month and a total of more than 2.7 million since mid-2000, according to the department's monthly survey of about 400,000 businesses.

ohio.com

is this article wrong?

maybe this is what skewed the data you cited...

Since November 2001, the end of that year's recession, the number of payroll jobs has declined by more than 1.2 million, while employment shown by the household survey has gone up by about 1.4 million. However, a substantial portion of that increase was due to a population adjustment introduced last January, and Utgoff characterized employment shown by the household survey since the recession's end as ``essentially flat.''

you wouldn't be spinning manipulated statistics as facts, would ya, rd?



To: Oeconomicus who wrote (159355)9/22/2003 7:43:33 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 164687
 
somebody tried to do that same thing to me a month or so ago.

The standard benchmark for jobs in the is is non farm payrolls from the BLS site which clearly show a decline of millions of jobs. There are other metrics but they are not the benchmarks that we have ever used in the past.

larry Kudlow is trying to change the metric too, a clever diversion to try to spin the bad jobs climate.

Why can't we stick to non-farm payrolls. Every other recovery this number improved.