This months Bureau of labor statistics (BLS)report issued every month on the first Friday (at about 8:30 am), reads like there is a positive trend afoot, except that 15.3 million Americans (and some unidentified number of illegal immigrants) are not employed. They make no mention of unemployed illegals. I just tossed that in because it will piss off liberals.
Nonfarm payroll employment rose by 290,000 in April, the unemployment rate edged up to 9.9 percent, and the labor force increased sharply, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in manufactur-ing, professional and business services, health care, and leisure and hospi-tality. Federal government employment also rose, reflecting continued hiring of temporary workers for Census 2010.
Sounds great except for the 0.2% increase in job losses. I guess they need to retool how they calculate the reporting (again) for next month. Obama won’t like these numbers. So how much you want to bet it goes back to 9.7% next month.
Cross Posted at NH Insider
