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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (85231)6/4/2010 4:24:55 AM
From: FJB  Read Replies (1) | Respond to of 224704
 
Jobs data likely to show burst of temporary hiring

Jobs report likely to show a burst of hiring in May, but mainly for temporary census workers


.Companies:Ford Motor Co.Hewlett-Packard CompanyHershey Co..Jeannine Aversa, AP Economics Writer, On Friday June 4, 2010, 1:49 am EDT

WASHINGTON (AP) -- The nation's employers likely unleashed a wave of hiring last month, but it probably won't be repeated.

Most of the jobs expected to have been generated in May were for census workers hired on a temporary basis by the federal government. Such hiring is expected to have peaked in May and then begin tailing off in June.

By contrast, hiring by private employers -- the backbone of the economy -- may have slowed down a bit in May.

All told, the Labor Department's new employment snapshot released Friday morning is likely to be seen as further evidence that the job market is healing. Yet it's still years away from normal health and from recouping the millions of jobs wiped out by the recent recession.

Employers eliminated 7.8 million jobs from the start of the recession in December 2007 through April. To fill that hole and keep up with a growing work force, the economy would need to create a net 14.3 million jobs, said Mark Zandi, chief economist at Moody's Analytics. He doesn't see that happening until early 2015...



To: Kenneth E. Phillipps who wrote (85231)6/4/2010 5:54:42 AM
From: tonto2 Recommendations  Respond to of 224704
 
We pay government employees to inspect. A decision was made to not inspect. That was a terrible decision. There are no excuses.



To: Kenneth E. Phillipps who wrote (85231)6/4/2010 7:10:26 AM
From: Hope Praytochange  Respond to of 224704
 
online.wsj.com teleprompter in chief wants oil contribution$$$$ carele$$$ on environment... more off$hore drilling to get more oil contribution$$$$$$$$$$$$$$$



To: Kenneth E. Phillipps who wrote (85231)6/4/2010 8:33:21 AM
From: TideGlider1 Recommendation  Read Replies (1) | Respond to of 224704
 
DOW Tumbles on poor job creation. Census was the bulk of all jobs created and many of them were counted multiple times.