A shadow fell across America’s economic recovery on Friday, as the Labor Department’s monthly report showed that private sector job growth was considerably weaker than expected.
The headline numbers suggested a reason to be optimistic — employers added 431,000 jobs and the jobless rate fell to 9.7 percent from 9.9 percent in April. But the underlying numbers showed that almost all of the job growth came from the 411,000 workers hired by the federal government to help with the Census. Most of those jobs will disappear in a few months.
By contrast, the private sector created 41,000, far short of expectations of 150,000 to 180,000 jobs. And the number of long-term unemployed, those who out of work for 27 or more weeks, remained at its highest rate since the Labor Department began collecting such data in the 1940s.
This basically points out had it not been for the census positions? It'd be a very dim scenario.
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