[Rational Thought]

This figure includes retail hiring for the Holidays, underscoring just how terrible this number really is.

[olrtex]

“This figure includes retail hiring for the Holidays, underscoring just how terrible this number really is.”

Don’t seasonal adjustments smooth that out? Also, if the seasonal adjustment assumed more seasonal hiring than occurred, wouldn’t actual conditions be better than these figures show?

[TomGuy]

This figure includes retail hiring for the Holidays, underscoring just how terrible this number really is.

Some commentator on FoxNews said that the rise in the UE percent was due to people thinking the job market was improving, so they were re-signing up at their local Jobs/UE offices.

Just days earlier, an FR thread indicated that some companies were already starting to lay off those hired for the holiday.