Not sure what that even means.

I do know that we added 100,000 people to the labor force each month
so 159,000 means only a 59,000 person change in unemployment which is
why the percentage stays the same.


On Fri, Nov 5, 2010 at 1:28 PM, Robert Munn <[email protected]> wrote:
>
> On Fri, Nov 5, 2010 at 9:28 AM, Judah McAuley <[email protected]> wrote:
>
>>
>> Department of Labor put the numbers out:
>> http://www.dol.gov/opa/media/press/opa/opa20101556.htm
>>
>> Btw, this is the 10th straight month of private sector job growth. Not
>> spectacular growth, mind you, but it is a solid trend. Unfortunately,
>> losses in the public sector have dragged down overall employment
>> numbers.
>>
>>
> Better, but nothing like we need for a recovery. 150,000 a month barely
> keeps pace with population growth. The participation rate is at a 25 year
> low of 64.5%:
>
> http://www.zerohedge.com/article/labor-force-participation-rate-drops-25-year-low-645
>
>
> That's bad.
>

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