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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (3409)	4/2/2004 10:50:39 AM
From: Haim R. Branisteanu	Respond to of 116555

why no one is commenting on this fact ? Total employment in March held at 138.3 million, and the employment-popula- tion ratio--the proportion of the population age 16 and over with jobs--was essentially unchanged at 62.1 percent. The civilian labor force was about unchanged over the month at 146.7 million, and the labor force participation rate remained at 65.9 percent. (See table A-1.) I suspect all the job growth is attributed to "seasonal adjustments" and other smoke and mirrors and those are realy high paying productive jobs :( Employment in health care and social assistance rose by 36,000 in March. Over the year, this industry has gained 255,000 jobs. In March, employment increased in hospitals (12,000), offices of physicians (9,000), and nursing and residential care facilities (7,000). In the financial sector, employment in credit intermediation and related activities grew by 11,000 in March.