“118 k fewer jobs created in Jan 2013 than Jan 2012.
The rate of year over year job growth has fallen from 1.54% in 2012 to 1.37% in 2013.
In no way, shape, or form, is that improving.”
I agree...
One month does not a trend make...
Average job growth for 2012 was 181K per month while average job growth for 2011 was 175K per month. January 2012 was the peak job growth for the year so in the F&A world we call that a “tough comparison.”
Again, this is not a “strong” report but it’s a good one. This is nowhere near what we were seeing in 2008, 2009, 2010.