Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Gaffer
Don't confuse weekly claims numbers with the non-farm payroll additions. Hundreds of thousands of people are hired and fired every single week. Normal labor market churn. The NFP additions are NET job additions (hirings less firings - from a different data source than initial claims). As far as the number of jobs, here is the chart showing where we are relative to the pre-recession peak:

We are about 2.6 million below the pre-recession peak and up 6.2 million from the trough during the last recession.

26 posted on 05/09/2013 7:49:42 AM PDT by Wyatt's Torch (I can explain it to you. I can't understand it for you.)
[ Post Reply | Private Reply | To 25 | View Replies ]


To: Wyatt's Torch
up 6.2 million from the trough during the last recession.

True, and if only we'd been up 8.3 million we be barely keeping up with population growth. 

We haven't so we aren't.

27 posted on 05/09/2013 8:20:17 AM PDT by expat_panama
[ Post Reply | Private Reply | To 26 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson