“similar number of new hires every week” to 500,000????
Tell me you are kidding.
Of course I’m not kidding. The monthly number is that a net 54k fewer people were employed this month than were last month. That’s rather different from two million, if it were 500k a week with no compensation on the hiring side. Then if you net out the Census workers who were fired last month, Private sector hiring has risen by 174k in the past two months combined. These are real stats, no one is in the tank for anyone, if they were they wouldn’t look as ugly as they do.
Of course I’m not kidding. The monthly number is that a net 54k fewer people were employed this month than were last month. That’s rather different from two million, if it were 500k a week with no compensation on the hiring side. Then if you net out the Census workers who were fired last month, Private sector hiring has risen by 174k in the past two months combined. These are real stats, no one is in the tank for anyone, if they were they wouldn’t look as ugly as they do.