Saturday, June 5, 2010

Jobs, Jobs, Where are the jobs?



The picture here gives away the story as reported here.

In May if you were hoping to score a private sector job then you were literally searching for a needle in a haystack as only 41,000 private sector jobs were created. But, if your career aspirations include being a US Census worker, then May was your month!

The Bureau of Labor Statistics (BLS) announced that net employment increased by 431,000 in May, and that the unemployment rate fell to 9.7 percent from 9.9 percent. While this appears to be good news, 411,000 of those new jobs are temporary government jobs associated with hiring for the decennial census. The private sector created only 41,000 jobs. More Americans exiting the labor force also had an effect on the drop in the unemployment rate. The private sector labor market remains far from a recovery.

So, how is the Hopey Changey thang working out there??????

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