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To: SMARTY

Help me out here, maybe I am just really dense. If the average new unemployment claims are 380K and the new jobs is 80K, isn’t that a net loss of 300K jobs?


20 posted on 07/06/2012 11:11:47 AM PDT by oncebitten (Obama: could not get a clue if he were covered in clue musk and standing in a field of horny clues.)
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To: oncebitten

I think the 80K is actually the net change in employment for the month, i.e., it is the number of people hired minus the number of people who lost their jobs. That number is commonly called “new jobs” or “jobs created” but it is actually the estimated net change in total employment.


21 posted on 07/06/2012 11:15:36 AM PDT by socialism_stinX (If knowledge is power, then why is the liberal media so powerful?)
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To: oncebitten

There you go being logical and accepting facts...!

Cut that out!

(sarc)


26 posted on 07/06/2012 11:36:46 AM PDT by SMARTY ("The man who has no inner-life is a slave to his surroundings. "Henri Frederic Amiel)
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To: oncebitten
Help me out here, maybe I am just really dense. If the average new unemployment claims are 380K and the new jobs is 80K, isn’t that a net loss of 300K jobs?

It would be perfectly clear if you had attended obummer's new math classes.

29 posted on 07/06/2012 12:49:32 PM PDT by dearolddad
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