Posted on 11/15/2012 10:08:57 AM PST by Arthurio
Minnesota employers cut 8,100 jobs statewide in October, by far the worst monthly job report of the year.
A massive positive revision to the September numbers helped offset the loss, but the state’s employment and economic development agency, DEED, reported major losses in administrative support and lower-paid business services jobs, which shed 4,800 jobs. State government lost 1,900 jobs, mostly in education, and durable goods manufacturing lost 800 jobs.
“Employment data for October does certainly reinforce the concerns we’ve expressed here, that the recovery, while it does continue, is a fragile one,” said Steve Hine, DEED’s labor market economist. “We’ll be paying a great deal of attention to Congress as they grapple with the so-called fiscal cliff.”
Hine said the weakness in business-to-business service jobs is a bad sign for the economy, even though many of the positions are on the low end of the pay spectrum and a large portion of them are temporary positions.
“You could see it as a leading indicator,” he said.
(Excerpt) Read more at startribune.com ...
how do they continue to pin the label of ‘recovery’ in any way shape or form on this kind of news?????
and these idiots in Minn, voted for obama too??? wtf?
The worst month is the month right after the election?
I’m shocked. And hurt. And surprised. And really shocked.
yeah but we all know it is because of the hurricane Sandy
that job claims were up and not this report......do
I really need a sarcasm tag
Look, these are the cretins who are represented in the Senate by Al Franken, for pity’s sake. They are typical, clueless Democrats.
it’s because of Sandy, right? Oh wait....maybe the youtube video? Sure it has nothing to do with Obama’s anti-business world. (sarcasm)
Superstorm Sandy’s Fault!
This Obama cesspool is really backing up!
Sandy Obama is everywhere!
Wow, Sandy really was an incredible storm, it went all the way to Minnesota.
stay tuned...
How’s that FORWARD! Hopey Changey thing working for ya, Minnesota....
All because of that Sandy Bush Ben Gazi guy.
No more hopes and dreams,but a block of cheese to live on!
Don’t worry. The DFL Party (Donkey) in MN will make it illegal to fire or layoff employees or to go out of business because it would inconvenience their employees. Private employers will be slaves of the state and they will not be forgiven.
Some people are just lemmings.
We are so screwed.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.